Liquidity Grab: The recent sweep above internal liquidity failed to continue higher, indicating buy-side exhaustion.
Bearish Rejection Zone: The marked gray area aligns with a previous imbalance and premium zone, ideal for short entries.
Target Zones:
1. First Target: 24,000 – intraday demand zone.
1. Final Target: 23,920 – previous weekly low / external liquidity pool.
Invalidation: A clean 1H candle close above 24,360 (LQ) would invalidate this bearish setup.
Bearish Rejection Zone: The marked gray area aligns with a previous imbalance and premium zone, ideal for short entries.
Target Zones:
1. First Target: 24,000 – intraday demand zone.
1. Final Target: 23,920 – previous weekly low / external liquidity pool.
Invalidation: A clean 1H candle close above 24,360 (LQ) would invalidate this bearish setup.
Trade active
Note
Trade close on 24033Trade closed: target reached
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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.