Price is currently trading around 1.3167, showing bullish momentum after a strong impulsive move upward. However, the market may need to retrace to a key bullish order block zone before continuing higher.
Key Levels:
Order Block Zone: 1.3110 – 1.3125
Current Price: 1.3167
Target Area: 1.3175 – 1.3180
Expected Price Action:
Short-term pullback expected as liquidity is taken from recent highs.
Price may revisit the order block (highlighted zone) for mitigation.
Look for a bullish reaction or confirmation structure (break of minor high) from the order block.
Potential continuation toward the target area near 1.3180.
Bias: Bullish (after retracement)
Invalidation: Clean break below 1.3100 may invalidate this setup.
Notes:
Watch for confirmation patterns like bullish engulfing or BOS (Break of Structure) before entering.
Manage risk carefully—this setup aligns with smart money concepts (order block + liquidity sweep).
Key Levels:
Order Block Zone: 1.3110 – 1.3125
Current Price: 1.3167
Target Area: 1.3175 – 1.3180
Expected Price Action:
Short-term pullback expected as liquidity is taken from recent highs.
Price may revisit the order block (highlighted zone) for mitigation.
Look for a bullish reaction or confirmation structure (break of minor high) from the order block.
Potential continuation toward the target area near 1.3180.
Bias: Bullish (after retracement)
Invalidation: Clean break below 1.3100 may invalidate this setup.
Notes:
Watch for confirmation patterns like bullish engulfing or BOS (Break of Structure) before entering.
Manage risk carefully—this setup aligns with smart money concepts (order block + liquidity sweep).
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.