Sell Setup Based on Volume Profile + FVG Confluence

🔍 Technical Breakdown:
🟦 D-Shaped Volume Profile Identified
A clear D-shaped profile formed during the previous consolidation phase.

High volume node centered around 1.84650, indicating a fair value area where price found balance.

This suggests the market was in acceptance mode, with no strong directional intent — perfect context to look for reversion or breakout-based setups.

🔴 Strong Rejection at Previous High
Price retested the previous swing high (near 1.84900–1.85000) and showed clear rejection wicks with low follow-through.

This implies that buy-side liquidity was swept, triggering possible sell-side pressure from institutional players.

🟫 Fair Value Gap (FVG) Above High
A visible FVG formed after the price swept the high, showing displacement without efficient trading.

This inefficiency indicates a low-probability zone for continuation and reinforces a sell narrative as the market may seek to rebalance back toward the previous value area.

🔻 Low Volume Cluster Above High
The volume profile shows a notable low-volume area just above the rejected high.

This means lack of market interest and a lower likelihood of sustaining bullish movement above that level.

Price typically reverses when entering such thin-volume areas — unless there’s a strong fundamental driver (not present here).

📉 Sell Bias Justified
This confluence of:

Rejection at previous high

Presence of FVG

Thin volume above key levels

Break away from D-shaped balance

...makes this a high-probability sell setup with a target toward the POC of the D-profile or prior demand levels (e.g., 1.84400 or 1.84200).

🔁 Trade Plan (Example)
Entry: 1.84875–1.84950 (retest area)

Stop Loss: Above 1.85000 (above wick high)

Target 1: 1.84650 (POC)

Target 2: 1.84400 or deeper liquidity sweep

📌 Summary
This setup reflects a classic liquidity sweep + volume rejection confluence. Ideal for traders who align market structure, volume behavior, and inefficiency zones to increase probability.