The Narrative: The market has completed the accumulation phase at the lows. We have a confirmed CRTL + TS (Turtle Soup) at 0.80417. This sweep of the lows indicates that sell-side liquidity has been harvested, and the "fuel" for the move up has been gathered.
The Technical Setup:
1. The Trap (Turtle Soup): Price stabbed into the Range Low (CRTL) and reversed. In CRT, this "Turtle Soup" creates a false breakdown to trap sellers. "Turtle soup = explosive moves!".
2. The Entry Zone (FVG): After the initial bounce, price created a Bullish Fair Value Gap (FVG). I am waiting for a retracement into this zone (marked in grey). This allows us to enter at a "Discount" price alongside smart money before the expansion continues.
3. The Draw on Liquidity (Target): The market naturally seeks to rotate from range low to range high. Our target is the CRTH (Candle Range Theory High) at the top of the structure.
Execution Plan:
WAIT: For price to dip into the FVG (approx. 0.80600).
TRIGGER: Watch for a Bullish Model #1 confirmation inside the FVG.
TARGET: The unmitigated highs at CRTH.
The Technical Setup:
1. The Trap (Turtle Soup): Price stabbed into the Range Low (CRTL) and reversed. In CRT, this "Turtle Soup" creates a false breakdown to trap sellers. "Turtle soup = explosive moves!".
2. The Entry Zone (FVG): After the initial bounce, price created a Bullish Fair Value Gap (FVG). I am waiting for a retracement into this zone (marked in grey). This allows us to enter at a "Discount" price alongside smart money before the expansion continues.
3. The Draw on Liquidity (Target): The market naturally seeks to rotate from range low to range high. Our target is the CRTH (Candle Range Theory High) at the top of the structure.
Execution Plan:
WAIT: For price to dip into the FVG (approx. 0.80600).
TRIGGER: Watch for a Bullish Model #1 confirmation inside the FVG.
TARGET: The unmitigated highs at CRTH.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.