Price tapped into a 4H FVG (gray zone 146.800–146.300), a high-probability reversal zone when paired with liquidity sweep and break of structure.
The bullish internal trendline was cleanly broken, signaling a short-term shift in momentum.
Prior to the drop, price ran buy-side liquidity resting above previous highs (marked $$$), fulfilling liquidity objectives before reversing.
The move into the 4H-FVG occurred in premium territory, ideal for institutional distribution.
As long as price holds below 146.300 (top of the FVG), the bearish leg remains valid.
Next liquidity target is around 145.240, where previous sell-side liquidity (lows marked $$$) is resting.
The bullish internal trendline was cleanly broken, signaling a short-term shift in momentum.
Prior to the drop, price ran buy-side liquidity resting above previous highs (marked $$$), fulfilling liquidity objectives before reversing.
The move into the 4H-FVG occurred in premium territory, ideal for institutional distribution.
As long as price holds below 146.300 (top of the FVG), the bearish leg remains valid.
Next liquidity target is around 145.240, where previous sell-side liquidity (lows marked $$$) is resting.
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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.