Bullish Expansion: MSS + FVG ConfluenceTechnical Analysis
1. Structural Shift (MSS)
After the initial downtrend, price formed a base and executed a Market Structure Shift (MSS). This invalidated the previous bearish order flow and signaled that "Smart Money" is now accumulating long positions.
2. Upward Channel Breakout
Price consolidated within a secondary Upward Channel at the bottom of the range. The recent aggressive breakout from this channel—marked by large, impulsive green candles—confirms strong buying pressure and a lack of sell-side liquidity in this zone.
3. The H4-FVG (Fair Value Gap)
The impulsive move has left behind a significant Fair Value Gap (FVG) on the H4 timeframe. Markets tend to be "efficient" and often return to fill these imbalances before continuing the primary trend.
Entry Zone: We are monitoring the H4-FVG area for a retracement. This provides a tighter Stop Loss and a better Risk-to-Reward (RR) ratio.
4. Liquidity Target
The primary target is the Equal Highs marked on the chart. This level represents a "Liquidity Pool" where buy-side stops are likely sitting. Expect price to gravitate toward this level to neutralize that liquidity.
The Trade Idea
Bias: Bullish 🟢
Entry Strategy: Limit order or price action confirmation within the H4-FVG zone.
Target (TP): Resistance level/Target zone at approximately 4,730.00.
Long