Price broke above resistance but quickly closed back in the range, signaling a potential bull trap. Liquidity was grabbed at the highs, and now sellers may target the first demand zone near $194. If momentum extends lower, the bullish order block at $175 becomes the key support.
False breakout above resistance, liquidity grabbed – eyes on $194 first, then $175 bullish OB
False breakout above resistance, liquidity grabbed – eyes on $194 first, then $175 bullish OB
Note
Trade is not active yet Trade active
Note
1 target hit Note
TRADE WILL BE CLOSE AT BREAKEVEN 
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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.