🟢 Directional Bias: Bullish (Long-Term Reversal in Play)
Price is emerging from a multi-year downtrend and has now formed a clear higher low and higher high structure.
The monthly candle has shown strength after reacting from a well-defined monthly fair value gap (M T2), indicating institutional interest and demand.
📍 Key Levels
Demand Zone (Entry Area): Monthly fair value gap (M T2)
Current Price: Trading above recent consolidation
Target Area: Higher timeframe imbalance (Bag Yearly)
Resistance Before Target: Slight hurdle just above current breakout zone (may cause short-term pullback)
📈 Price Action Analysis
Price tapped into the monthly FVG and formed a base (accumulation structure).
A breakout candle is now forming above recent highs, which suggests continuation.
Expect a potential minor pullback/retest before rallying toward the higher imbalance zone.
📌 Entry Idea
Entry: Look for dips back into the breakout zone to build long exposure
Stop Loss: Just below the demand zone
Target: Higher imbalance zone
Risk-Reward: Favors swing buyers holding long-term
🧠 Context Note
This is a monthly timeframe swing trade idea, so patience is key.
Ideal for investors or position traders holding for several months.
Watch for strong monthly closes above current structure for added confirmation.
Price is emerging from a multi-year downtrend and has now formed a clear higher low and higher high structure.
The monthly candle has shown strength after reacting from a well-defined monthly fair value gap (M T2), indicating institutional interest and demand.
📍 Key Levels
Demand Zone (Entry Area): Monthly fair value gap (M T2)
Current Price: Trading above recent consolidation
Target Area: Higher timeframe imbalance (Bag Yearly)
Resistance Before Target: Slight hurdle just above current breakout zone (may cause short-term pullback)
📈 Price Action Analysis
Price tapped into the monthly FVG and formed a base (accumulation structure).
A breakout candle is now forming above recent highs, which suggests continuation.
Expect a potential minor pullback/retest before rallying toward the higher imbalance zone.
📌 Entry Idea
Entry: Look for dips back into the breakout zone to build long exposure
Stop Loss: Just below the demand zone
Target: Higher imbalance zone
Risk-Reward: Favors swing buyers holding long-term
🧠 Context Note
This is a monthly timeframe swing trade idea, so patience is key.
Ideal for investors or position traders holding for several months.
Watch for strong monthly closes above current structure for added confirmation.
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and discipline—turning probabilities into profitability!
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.
I am an SMC & ICT Master, specializing in Market Structure, Liquidity, and Order Flow. With a razor-sharp focus on precision trading, I navigate the markets with strategy and discipline—turning probabilities into profitability!
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.