Price swept the liquidity above the previous day’s high and then broke structure to the downside. That’s often a sign that smart money was hunting stops before shifting direction. Now I’m watching for price to come back and fill the imbalance (FVG) it left after the break.
If that happens and price respects the FVG zone, we could see a continuation lower with the next target being the previous day’s low where more liquidity is likely sitting.
I’ve also added the 50 EMA here as confluence. It helps keep me trading in line with the broader market flow and stops me from fighting the trend.
This is one of those spots where patience is key. Let the market return to the zone on its own terms, wait for a reaction, and keep protecting your mindset just as carefully as your capital.
If that happens and price respects the FVG zone, we could see a continuation lower with the next target being the previous day’s low where more liquidity is likely sitting.
I’ve also added the 50 EMA here as confluence. It helps keep me trading in line with the broader market flow and stops me from fighting the trend.
This is one of those spots where patience is key. Let the market return to the zone on its own terms, wait for a reaction, and keep protecting your mindset just as carefully as your capital.
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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.
Related publications
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.