Price has been developing a well-defined bearish structure from levels above 1.1730, printing a Lower High confirmed by a Shooting Star pattern, followed by two consecutive Lower Lows that pushed price down to lows around 1.1608.
The bearish narrative was clean and consistent with higher timeframe flow.
What Happened
From the May 17th lows, price executed a strong bullish impulse that culminated in a sweep of the Buy Side Liquidity (B S-15) sitting at 1.16574. This is a textbook Liquidity Sweep above a previous swing high, followed by a tap into the active 4H Fair Value Gap.
Key Levels Marked on the Chart
Resistance: B S-15 at 1.16574 sweep zone, potential distribution area
4H FVG (upper): 1.1680 – 1.1690 next area of interest on bullish continuation
M15 Demand blocks: 1.1600 – 1.1630 expected reaction zones on pullback
S-1 & Directional: 1.1670 – 1.1680 daily timeframe supply
Scenarios
Scenario A — Bearish Rejection (higher probability short-term): price fails to hold above the sweep level and retraces toward M15 demand blocks between 1.1600 and 1.1630, where it could build a new bullish leg targeting the upper 4H FVG.
Scenario B — Bullish Continuation: strong M15 closes above 1.16574 with momentum would confirm institutional buying intent, with the 4H FVG between 1.1680 and 1.1690 as the next target.
Execution & Conclusion
No valid entry without M15 structure confirmation. Price is at a decision point wait for reaction before committing.
Disclaimer:
Educational analysis only. Not financial advice.
The bearish narrative was clean and consistent with higher timeframe flow.
What Happened
From the May 17th lows, price executed a strong bullish impulse that culminated in a sweep of the Buy Side Liquidity (B S-15) sitting at 1.16574. This is a textbook Liquidity Sweep above a previous swing high, followed by a tap into the active 4H Fair Value Gap.
Key Levels Marked on the Chart
Resistance: B S-15 at 1.16574 sweep zone, potential distribution area
4H FVG (upper): 1.1680 – 1.1690 next area of interest on bullish continuation
M15 Demand blocks: 1.1600 – 1.1630 expected reaction zones on pullback
S-1 & Directional: 1.1670 – 1.1680 daily timeframe supply
Scenarios
Scenario A — Bearish Rejection (higher probability short-term): price fails to hold above the sweep level and retraces toward M15 demand blocks between 1.1600 and 1.1630, where it could build a new bullish leg targeting the upper 4H FVG.
Scenario B — Bullish Continuation: strong M15 closes above 1.16574 with momentum would confirm institutional buying intent, with the 4H FVG between 1.1680 and 1.1690 as the next target.
Execution & Conclusion
No valid entry without M15 structure confirmation. Price is at a decision point wait for reaction before committing.
Disclaimer:
Educational analysis only. Not financial advice.
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.