Price has rallied strongly into the buy-side liquidity zone around 1.35440, grabbing the liquidity resting above previous equal highs. This move indicates a classic liquidity sweep before a possible pullback.
After the sweep, I’m expecting price to retrace toward the mitigation zone (grey area) before forming a bullish continuation setup.
🔍 Key Points:
• Market tapped into a major liquidity pool at 1.3544
• Strong impulse move suggests short-term exhaustion
• Ideally looking for a retracement into the 1.3515–1.3520 zone
• If buyers step in, we may see continuation toward higher highs
📈 Bias: Bullish after retracement
🎯 Ideal Buy Zone: 1.3515–1.3520
⚠️ Invalidation: Break below 1.3490
🧠 Classic Smart Money play: liquidity grab → pullback → continuation.
After the sweep, I’m expecting price to retrace toward the mitigation zone (grey area) before forming a bullish continuation setup.
🔍 Key Points:
• Market tapped into a major liquidity pool at 1.3544
• Strong impulse move suggests short-term exhaustion
• Ideally looking for a retracement into the 1.3515–1.3520 zone
• If buyers step in, we may see continuation toward higher highs
📈 Bias: Bullish after retracement
🎯 Ideal Buy Zone: 1.3515–1.3520
⚠️ Invalidation: Break below 1.3490
🧠 Classic Smart Money play: liquidity grab → pullback → continuation.
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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.
Here is my Telegram channel user name you can Join for Free Analysis and signals t.me/XAUTraderSidS
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.