The Narrative: The market has completed the accumulation phase at the lows. We have a confirmed CRTL + TS (Turtle Soup) at 0.80417. This sweep of the lows indicates that sell-side liquidity has been harvested, and the "fuel" for the move up has been gathered.
The Technical Setup:
1. The Trap (Turtle Soup): Price stabbed into the Range Low (CRTL) and reversed. In CRT, this "Turtle Soup" creates a false breakdown to trap sellers. "Turtle soup = explosive moves!".
2. The Entry Zone (FVG): After the initial bounce, price created a Bullish Fair Value Gap (FVG). I am waiting for a retracement into this zone (marked in grey). This allows us to enter at a "Discount" price alongside smart money before the expansion continues.
3. The Draw on Liquidity (Target): The market naturally seeks to rotate from range low to range high. Our target is the CRTH (Candle Range Theory High) at the top of the structure.
Execution Plan:
WAIT: For price to dip into the FVG (approx. 0.80600).
TRIGGER: Watch for a Bullish Model #1 confirmation inside the FVG.
TARGET: The unmitigated highs at CRTH.
The Technical Setup:
1. The Trap (Turtle Soup): Price stabbed into the Range Low (CRTL) and reversed. In CRT, this "Turtle Soup" creates a false breakdown to trap sellers. "Turtle soup = explosive moves!".
2. The Entry Zone (FVG): After the initial bounce, price created a Bullish Fair Value Gap (FVG). I am waiting for a retracement into this zone (marked in grey). This allows us to enter at a "Discount" price alongside smart money before the expansion continues.
3. The Draw on Liquidity (Target): The market naturally seeks to rotate from range low to range high. Our target is the CRTH (Candle Range Theory High) at the top of the structure.
Execution Plan:
WAIT: For price to dip into the FVG (approx. 0.80600).
TRIGGER: Watch for a Bullish Model #1 confirmation inside the FVG.
TARGET: The unmitigated highs at CRTH.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.