Price tapped into a strong resistance zone multiple times, forming equal highs — a classic liquidity pool.
After a trendline break and formation of an FVG (Fair Value Gap), price is likely to retest the imbalance before continuing lower.
The setup hints at a potential liquidity sweep followed by a sharp selloff toward fresh lows.
After a trendline break and formation of an FVG (Fair Value Gap), price is likely to retest the imbalance before continuing lower.
The setup hints at a potential liquidity sweep followed by a sharp selloff toward fresh lows.
Trade closed: target reached
📉 Target Hit: 56,204 Disclaimer
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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.