A clean structural development on CHFJPY (1H TF)
After sweeping the Previous Day’s Low (PDL), price created a bullish Break of Structure (BOS) to the upside , shifting short-term sentiment. This BOS was followed by a precise retest into a Fair Value Gap (FVG), suggesting possible continuation as liquidity shifts from weak hands to strong.
🧠 Educational Notes:
This setup is not financial advice, but a clear visual case study for traders applying SMC + CRT logic.
After sweeping the Previous Day’s Low (PDL), price created a bullish Break of Structure (BOS) to the upside , shifting short-term sentiment. This BOS was followed by a precise retest into a Fair Value Gap (FVG), suggesting possible continuation as liquidity shifts from weak hands to strong.
🧠 Educational Notes:
- CRT Sweep Logic: Market often sweeps the previous day's high or low before making its true move. In this case, a clean PDL sweep was followed by a strong bullish reaction.
- Break of Structure (BOS): Confirmed bullish intent after the sweep, validating a shift in order flow.
- FVG Retest: Institutional pricing inefficiency filled — a classic SMC continuation behavior.
- Entry Thesis: Based on reaction from FVG + BOS confirmation, with invalidation below the swept low and TP near the previous swing high.
This setup is not financial advice, but a clear visual case study for traders applying SMC + CRT logic.
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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.