This range is formed between:
• Equal highs / HH area near 26,740 (buy side liquidity)
• Discount PD Array + demand zone around 26,660 (where price already reacted)
Now we are sitting inside a discount PD array, where buyers are expected to step in.
If price sweeps below 26,660 (taking sell side liquidity resting under the lows) and then reclaims the range with a strong bullish 5M close, I’m looking for long continuation back to 26,740, targeting the buy side liquidity above.
Why this setup makes sense:
• Bearish OG zone already delivered reaction (sellers got their move)
• Price is now in discount → favorable for longs
• Liquidity resting both sides, but sell-side likely to be taken first
• Reclaim = confirmation smart money shifted direction
Entry will be based on:
• Strong bullish displacement candle on 5M
• Volume expansion confirming buyers stepping in
• Holding above the range after reclaim (no weak fakeouts)
Target: 26,740 (Buy side liquidity / equal highs)
Invalidation: Acceptance back below 26,660
This is a liquidity grab → discount reaction → reclaim → expansion setup.
No reclaim, no trade📈
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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.
Related publications
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.
