Price formed a clean extended M pattern:
Liquidity Grab:
The second high took liquidity above the previous swing (Prev Week High / Monday High / Daily Open).
Bearish Reaction:
After the sweep, price immediately failed to hold above those levels and showed rejection.
Structure Shift (CHOCH):
We got a clear break in market structure to the downside, confirming weakness.
Retracement Area (Short Setup):
I’m watching for a pullback into the FVG + Monday Mid + Weekly Open zone as the optimal short entry area.
Targets:
Prev Week Mid
Prev Week Low
Prev Month Low
In simple terms:
We grabbed liquidity → structure flipped bearish → now waiting for a clean retrace to short.

