We’ve got a clean rounded top → breakdown → demand sweep setup.
Current price action suggests a potential reversal is brewing.
🔍 What’s happening on this chart?
Rounded top marks a local distribution — aggressive short entries
Price broke lower, swept the demand zone (gray box), and now shows rejection wick + bullish reaction
Fibonacci levels mapped out the structure
0.5 = 154.51
0.618 = 157.76 = key resistance liquidity zone
🎯 Trade idea:
Entry: inside demand zone (OB marked on chart)
Target 1: 151.25
Target 2: 157.76 (0.618)
Full fill: 162.40 – 168.30 (complete inefficiency sweep)
🧠 Mindset:
This setup is classic spring + reclaim. If price consolidates and flips 147.2, upside becomes favorable.
If you like clean trade setups with logic and clear invalidation, check the account bio for more updates and live breakdowns.
Current price action suggests a potential reversal is brewing.
🔍 What’s happening on this chart?
Rounded top marks a local distribution — aggressive short entries
Price broke lower, swept the demand zone (gray box), and now shows rejection wick + bullish reaction
Fibonacci levels mapped out the structure
0.5 = 154.51
0.618 = 157.76 = key resistance liquidity zone
🎯 Trade idea:
Entry: inside demand zone (OB marked on chart)
Target 1: 151.25
Target 2: 157.76 (0.618)
Full fill: 162.40 – 168.30 (complete inefficiency sweep)
🧠 Mindset:
This setup is classic spring + reclaim. If price consolidates and flips 147.2, upside becomes favorable.
If you like clean trade setups with logic and clear invalidation, check the account bio for more updates and live breakdowns.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.