Price has been consolidating after a previous sell-off and is now showing signs of accumulation above a defined demand zone (1.35600–1.35800).
The price has respected the ascending internal trendline, forming higher lows — an early sign of bullish intent.
Strong bullish rejection from this area confirms interest from smart money. Price tested it and immediately rebounded, signaling absorption of sell-side liquidity.
The internal ascending trendline continues to act as dynamic support. As long as price respects this trendline, bullish bias remains intact.
Multiple highs around 1.36300 remain untouched — a magnet for price.That area overlaps with an Order Block (OB), making it a high-probability target for institutional interest.
The tight consolidation before the expansion (highlighted in blue) suggests price is loading for a sharp move.
As long as price remains above the demand zone and trendline A bullish expansion toward the OB zone (1.36300–1.36400) Or A potential liquidity sweep above the highs, aligning with external liquidity targets.
The price has respected the ascending internal trendline, forming higher lows — an early sign of bullish intent.
Strong bullish rejection from this area confirms interest from smart money. Price tested it and immediately rebounded, signaling absorption of sell-side liquidity.
The internal ascending trendline continues to act as dynamic support. As long as price respects this trendline, bullish bias remains intact.
Multiple highs around 1.36300 remain untouched — a magnet for price.That area overlaps with an Order Block (OB), making it a high-probability target for institutional interest.
The tight consolidation before the expansion (highlighted in blue) suggests price is loading for a sharp move.
As long as price remains above the demand zone and trendline A bullish expansion toward the OB zone (1.36300–1.36400) Or A potential liquidity sweep above the highs, aligning with external liquidity targets.
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iSmashProfit
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.