Price has tapped into a key demand zone after a strong sell-off.
Current structure shows potential for a relief bounce toward upper liquidity zones.
Entry: Around current price (~3920-3940)
Stop Loss: Below 3580 zone (recent swing low)
Target Zones: 4200 → 4315 → 4520
R:R: ~3.5 : 1
⚠️ Waiting for confirmation (bullish candle close or volume pickup) before executing.
If the zone fails to hold, next downside liquidity lies around 3600-3700.
Current structure shows potential for a relief bounce toward upper liquidity zones.
Entry: Around current price (~3920-3940)
Stop Loss: Below 3580 zone (recent swing low)
Target Zones: 4200 → 4315 → 4520
R:R: ~3.5 : 1
⚠️ Waiting for confirmation (bullish candle close or volume pickup) before executing.
If the zone fails to hold, next downside liquidity lies around 3600-3700.
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.