This setup is fairly clean and follows a classic smart money concept structure. Here’s a clear breakdown:
Market Structure
Price is in a short-term bullish recovery after reacting from the demand zone.
The earlier impulsive move up (bullish leg) has now transitioned into consolidation → indicating accumulation.
Key Zones
Demand Zone (Bottom blue area): Strong base where buyers stepped in aggressively.
Accumulation Zone (range): Price is ranging → liquidity building before expansion.
Supply Zone (top grey): Major target area where sellers are likely resting.
Liquidity & Entry Logic
The marked liquidity sweep shows:
Sell-side liquidity was taken (equal lows / weak hands stopped out).
This often precedes upside continuation.
Current idea:
Price sweeps liquidity → returns into range → builds positions → breaks upward.
Trade Setup
Entry: Around 4624 (after confirmation / minor pullback)
Stop Loss: 4604 (below structure + protected low)
Target: 4653 (just before supply zone)
Confluence Factors
Ascending trendline support still intact.
Compression below resistance → breakout potential.
Liquidity grab + accumulation = bullish continuation bias.
What Confirms the Move
Strong bullish candle closing above range highs (~4625 area).
Retest holding above breakout zone.
Invalidation
Clean break below 4604 → structure shifts bearish → setup fails.
Summary
Bias remains bullish, with a liquidity sweep + accumulation pointing toward a move into the supply zone (4650–4660).
Market Structure
Price is in a short-term bullish recovery after reacting from the demand zone.
The earlier impulsive move up (bullish leg) has now transitioned into consolidation → indicating accumulation.
Key Zones
Demand Zone (Bottom blue area): Strong base where buyers stepped in aggressively.
Accumulation Zone (range): Price is ranging → liquidity building before expansion.
Supply Zone (top grey): Major target area where sellers are likely resting.
Liquidity & Entry Logic
The marked liquidity sweep shows:
Sell-side liquidity was taken (equal lows / weak hands stopped out).
This often precedes upside continuation.
Current idea:
Price sweeps liquidity → returns into range → builds positions → breaks upward.
Trade Setup
Entry: Around 4624 (after confirmation / minor pullback)
Stop Loss: 4604 (below structure + protected low)
Target: 4653 (just before supply zone)
Confluence Factors
Ascending trendline support still intact.
Compression below resistance → breakout potential.
Liquidity grab + accumulation = bullish continuation bias.
What Confirms the Move
Strong bullish candle closing above range highs (~4625 area).
Retest holding above breakout zone.
Invalidation
Clean break below 4604 → structure shifts bearish → setup fails.
Summary
Bias remains bullish, with a liquidity sweep + accumulation pointing toward a move into the supply zone (4650–4660).
JOIN MY TELEGRAM CHANNEL LINK t.me/mindgolde JOIN MY TELEGRAM CHANNEL LINK t.me/mindgolde
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.
JOIN MY TELEGRAM CHANNEL LINK t.me/mindgolde JOIN MY TELEGRAM CHANNEL LINK t.me/mindgolde
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.