Price has returned to a higher time frame demand zone after a clear pullback (retracement) and is now showing signs of rejection, where it has now mitigated previous unfilled buy orders. We’re seeing early signs of bullish intent and anticipate a continuation to the upside as demand takes control.
🔍 Detailed Breakdown:
1. Demand Zone:
• Price recently retraced back into this zone, completing a full mitigation.
• A clear reaction followed, indicating institutional orders may have been filled.
2. Market Structure:
• Previous structure broke to the upside (BOS) confirming shift in intent.
• We anticipate a higher low formation followed by a new higher high, respecting bullish structure.
3. Liquidity Sweep:
• Sell-side liquidity resting below the recent low has been swept before the bullish move began.
• This aligns with institutional behavior: taking out early sellers before raising price.
4. Entry Logic:
• Waiting for a minor retracement or lower timeframe BOS for refined entry.
🔍 Detailed Breakdown:
1. Demand Zone:
• Price recently retraced back into this zone, completing a full mitigation.
• A clear reaction followed, indicating institutional orders may have been filled.
2. Market Structure:
• Previous structure broke to the upside (BOS) confirming shift in intent.
• We anticipate a higher low formation followed by a new higher high, respecting bullish structure.
3. Liquidity Sweep:
• Sell-side liquidity resting below the recent low has been swept before the bullish move began.
• This aligns with institutional behavior: taking out early sellers before raising price.
4. Entry Logic:
• Waiting for a minor retracement or lower timeframe BOS for refined entry.
Note
Note
Price has again return to a higher time frame demand zone after a clear pullback (retracement) and is now showing signs of rejection, where it has now mitigated previous unfilled buy orders. We’re seeing early signs of bullish intent and anticipate a continuation to the upside as demand takes control.
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.