Liquidity Sweep Reversal – Bullish Recovery in PlayThis chart illustrates a classic smart money setup where price initially moved below a well-established support zone, triggering a strong liquidity sweep. This move likely trapped retail sellers and collected sell-side liquidity before a sharp and aggressive bullish reversal took place. The rejection from the lower demand area is clear, showing that buyers stepped in with strength and intent.
Following this liquidity grab, price reclaimed the previous support level and began pushing upward with strong momentum. The recovery into the Ichimoku cloud suggests a transition phase, where the market is shifting from a bearish structure into a potential bullish continuation. The impulsive move upward indicates that bullish pressure is currently dominating in the short term.
At this stage, price is approaching the cloud resistance, which will play a key role in determining the next move. A successful breakout and hold above the cloud could open the path toward higher targets, with projected levels around 159.09 as the first target and 159.58 as the extended target. These levels align with previous structure and potential liquidity zones where price may react.
However, traders should remain cautious, as the cloud can act as a dynamic resistance zone. If price fails to break through convincingly, a temporary rejection or consolidation phase may occur before the next directional move. Overall, the current structure favors bullish continuation as long as price holds above the reclaimed support and maintains momentum.
Long
