📍 Setup: Liquidity sweep + premium zone rejection
📉 Bias: Short (Sell)
🔽 Entry: 1.16835
🔼 Stop-Loss: 32 pips
🎯 Take-Profit: 64 pips (RR 1:2)
📊 Trade Idea Explanation
Price has pushed into a major premium zone aligning with a descending trendline and a previous structural supply block.
The move upward also swept liquidity above recent highs, indicating potential exhaustion and a likely reversal.
Key confluences:
✦ Price tapped into a fresh H1 supply zone
✦ Aligned with trendline resistance
✦ Imbalance above got filled and rejected
✦ Liquidity grab suggests sellers could take control
✦ RR ratio is clean & symmetric (1:2)
🔔 Execution Plan
Enter short at 1.16835 once rejection is confirmed
SL above liquidity sweep zone (32 pips protection)
TP toward the next H1 demand + mid-range EQ, giving ~64 pips
Disclaimer: For educational purpose.
📉 Bias: Short (Sell)
🔽 Entry: 1.16835
🔼 Stop-Loss: 32 pips
🎯 Take-Profit: 64 pips (RR 1:2)
📊 Trade Idea Explanation
Price has pushed into a major premium zone aligning with a descending trendline and a previous structural supply block.
The move upward also swept liquidity above recent highs, indicating potential exhaustion and a likely reversal.
Key confluences:
✦ Price tapped into a fresh H1 supply zone
✦ Aligned with trendline resistance
✦ Imbalance above got filled and rejected
✦ Liquidity grab suggests sellers could take control
✦ RR ratio is clean & symmetric (1:2)
🔔 Execution Plan
Enter short at 1.16835 once rejection is confirmed
SL above liquidity sweep zone (32 pips protection)
TP toward the next H1 demand + mid-range EQ, giving ~64 pips
Disclaimer: For educational purpose.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.