🔹 Market Structure:
The chart shows a recent market high followed by a correction.
Current price: $3,373.849
Price is moving in a downtrend retracement after a bullish leg.
🔹 Key Levels Highlighted:
EQH (Equal Highs) around $3,440 zone marked as a liquidity target.
Demand zone (green box) around $3,355–$3,360, showing possible entry for long/buy.
Short-term support area aligned with FVG or OB (likely).
📈 Possible Scenario Illustrated:
Short-term Bearish Move:
Price might drop into the lower demand zone to mitigate imbalance or tap into demand.
Reversal Zone:
Upon reaching the lower green box (demand zone), a reversal is expected.
Bullish Target:
The chart anticipates a bullish rally aiming toward the EQH (equal highs) near $3,440, where liquidity may be resting.
🔍 Technical Tools Used:
Structure Labels: HH (Higher High), HL (Higher Low), etc., marking a bullish structure.
Price Projection Arrows: For forecasting move down → reversal → move up.
Boxes: Demand/supply zones.
📝 Conclusion:
This is a smart money concept (SMC) based analysis. Price is expected to:
Tap into a demand zone for a potential buy opportunity, and
Then target liquidity resting at the equal highs around $3,440.
The chart shows a recent market high followed by a correction.
Current price: $3,373.849
Price is moving in a downtrend retracement after a bullish leg.
🔹 Key Levels Highlighted:
EQH (Equal Highs) around $3,440 zone marked as a liquidity target.
Demand zone (green box) around $3,355–$3,360, showing possible entry for long/buy.
Short-term support area aligned with FVG or OB (likely).
📈 Possible Scenario Illustrated:
Short-term Bearish Move:
Price might drop into the lower demand zone to mitigate imbalance or tap into demand.
Reversal Zone:
Upon reaching the lower green box (demand zone), a reversal is expected.
Bullish Target:
The chart anticipates a bullish rally aiming toward the EQH (equal highs) near $3,440, where liquidity may be resting.
🔍 Technical Tools Used:
Structure Labels: HH (Higher High), HL (Higher Low), etc., marking a bullish structure.
Price Projection Arrows: For forecasting move down → reversal → move up.
Boxes: Demand/supply zones.
📝 Conclusion:
This is a smart money concept (SMC) based analysis. Price is expected to:
Tap into a demand zone for a potential buy opportunity, and
Then target liquidity resting at the equal highs around $3,440.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.