Trade Setup
Direction: Long
Entry Price: $0.8839
Stoploss: $0.8000
Target(s): $0.9500 (≈1:2 R:R)
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Reason for the Trade
1. Demand Zone + Liquidity Sweep
Price tapped into the $0.87–$0.88 demand zone, where buyers previously defended strongly.
The deeper wick toward $0.80 signals a liquidity grab below equal lows (stop hunt), often a reversal point in SMC.
2. Market Structure Flip (CHOCH / BOS)
After the liquidity sweep, price shifted structure with a CHOCH (change of character) by breaking a minor lower-high.
This indicates a BOS confirming bullish orderflow.
3. Fair Value Gap (FVG) Alignment
The bullish move left an imbalance around $0.88–$0.885.
Entry at $0.8839 fills this FVG, offering a discounted long entry.
4. Trendline & Confluence
Intraday trendline support holds above the $0.88 zone.
Confluence of demand + liquidity grab + FVG retest + BOS makes this a high-probability bounce setup.
5. Risk–Reward Calculation
Risk = $0.0839 (0.8839 → 0.8000)
Reward = $0.0661 (0.8839 → 0.9500)
Effective R:R ≈ 1:2, aligning perfectly with your strategy.
