Price is approaching a key OB supply zone after a strong bullish run.
From here, two scenarios could unfold:
1️⃣ Bullish Extension:
Break and hold above OB → target Strong High / Swing High near 0.5800.
2️⃣ Bearish Rejection:
Reject from OB → drop through FVG toward P1D High (0.5000) and possibly lower toward Swing Low.
Key Levels:
Resistance: OB (0.5450–0.5550), Strong High (0.5800)
Support: FVG (0.5300), P1D High (0.5000), Swing Low (0.4900), OB Demand (0.4400)
📌 Plan: Watch OB reaction — breakout means continuation, rejection means pullback to reclaim liquidity.
From here, two scenarios could unfold:
1️⃣ Bullish Extension:
Break and hold above OB → target Strong High / Swing High near 0.5800.
2️⃣ Bearish Rejection:
Reject from OB → drop through FVG toward P1D High (0.5000) and possibly lower toward Swing Low.
Key Levels:
Resistance: OB (0.5450–0.5550), Strong High (0.5800)
Support: FVG (0.5300), P1D High (0.5000), Swing Low (0.4900), OB Demand (0.4400)
📌 Plan: Watch OB reaction — breakout means continuation, rejection means pullback to reclaim liquidity.
Trade active
Trade closed: target reached
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📡 Get Free Signals & Education: t.me/+sNGym_NNuDpjMjU0
⁉️ Beginner or pro, if you want to grow in trading,
🎓CoreLiquidity Lab will teach you the strategies that works....!!!
⁉️ Beginner or pro, if you want to grow in trading,
🎓CoreLiquidity Lab will teach you the strategies that works....!!!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.