Entry Logic
The marked entry (~77,360 – 77,450) sits right after the reclaim of support.
This is a classic “fake breakdown → reclaim → long” setup.
The small pullback drawn suggests waiting for minor retracement before continuation.
🎯 Target
Target around 77,730 – 77,750
This aligns with:
Previous local highs
Upper channel resistance zone
🛑 Stop Loss
Around 76,990
Positioned below the liquidity sweep low → logical invalidation point.
⚖️ Risk-to-Reward
Risk: ~400–450 points
Reward: ~300–350 points
👉 Slightly under 1:1, so this is more of a high-probability, quick scalp than a swing trade.
💡 What Confirms the Trade
Holding above 77,350 support
Higher lows forming on lower timeframes
Momentum continuation (strong bullish candles)
⚠️ What Invalidates It
Price drops back below 77,300 and holds
Weak bounce / choppy movement → indicates no real buyer strength
🧠 Read Between the Lines
This move is driven by:
Liquidity engineering (stop hunt below channel)
Re-entry into structure
Likely intent: push price back to equilibrium (top of range)
The marked entry (~77,360 – 77,450) sits right after the reclaim of support.
This is a classic “fake breakdown → reclaim → long” setup.
The small pullback drawn suggests waiting for minor retracement before continuation.
🎯 Target
Target around 77,730 – 77,750
This aligns with:
Previous local highs
Upper channel resistance zone
🛑 Stop Loss
Around 76,990
Positioned below the liquidity sweep low → logical invalidation point.
⚖️ Risk-to-Reward
Risk: ~400–450 points
Reward: ~300–350 points
👉 Slightly under 1:1, so this is more of a high-probability, quick scalp than a swing trade.
💡 What Confirms the Trade
Holding above 77,350 support
Higher lows forming on lower timeframes
Momentum continuation (strong bullish candles)
⚠️ What Invalidates It
Price drops back below 77,300 and holds
Weak bounce / choppy movement → indicates no real buyer strength
🧠 Read Between the Lines
This move is driven by:
Liquidity engineering (stop hunt below channel)
Re-entry into structure
Likely intent: push price back to equilibrium (top of range)
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
join my telegram channel t.me/goldsignalicthttps://t.me/goldsignalicthttps://t.me/goldsignalict
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.