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.
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คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
การนำเสนอที่เกี่ยวข้อง
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน