Description:
Price is moving within a rising channel, heading toward a key liquidity zone sitting right at the golden pocket and just below equal highs. This confluence makes it a prime area for a potential fakeout and reversal. I'm watching for a liquidity grab above, followed by a sharp rejection.
🟦 Rising channel structure
🟨 Golden Pocket + Liquidity Zone
📏 Equal highs = potential trap
🔻 Bearish reversal setup forming
Keeping a close eye for signs of rejection at the top. Could be a nice short opportunity.
What’s your take? Bull trap or breakout?
