✅ Bias: Bullish
You expect a reversal from the downside and a strong upward move toward the marked target.
🧱 Order Block (OB):
A bullish Order Block is clearly marked around the 1.76800–1.76687 zone.
This acts as your demand zone, where you anticipate institutional buying.
📉 FVG (Fair Value Gap):
A Fair Value Gap is highlighted just above the OB.
This typically suggests an imbalance that price might come back to fill before moving up.
📈 Entry Setup:
You're expecting price to dip into the OB/FVG area before triggering a long entry.
From there, price is projected to shoot up to around 1.78215.
🎯 Trade Setup (Approximate):
Entry Zone: 1.76800 (within FVG/OB)
Stop Loss: Below OB (~1.76687)
Target: 1.78215
Risk-Reward (RR): Roughly 1:4+, a high probability reward setup if OB holds.
🔔 Things to Watch:
Entry confirmation: Look for bullish engulfing, BOS (break of structure), or displacement after mitigation.
Liquidity grab: Ensure the dip doesn’t sweep below OB before reversing.
Session Timing: This could play out better during London or New York session when volatility increases.
You expect a reversal from the downside and a strong upward move toward the marked target.
🧱 Order Block (OB):
A bullish Order Block is clearly marked around the 1.76800–1.76687 zone.
This acts as your demand zone, where you anticipate institutional buying.
📉 FVG (Fair Value Gap):
A Fair Value Gap is highlighted just above the OB.
This typically suggests an imbalance that price might come back to fill before moving up.
📈 Entry Setup:
You're expecting price to dip into the OB/FVG area before triggering a long entry.
From there, price is projected to shoot up to around 1.78215.
🎯 Trade Setup (Approximate):
Entry Zone: 1.76800 (within FVG/OB)
Stop Loss: Below OB (~1.76687)
Target: 1.78215
Risk-Reward (RR): Roughly 1:4+, a high probability reward setup if OB holds.
🔔 Things to Watch:
Entry confirmation: Look for bullish engulfing, BOS (break of structure), or displacement after mitigation.
Liquidity grab: Ensure the dip doesn’t sweep below OB before reversing.
Session Timing: This could play out better during London or New York session when volatility increases.
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.
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.