$FXS
🚨 $FXS/USDT: Buy Setup
Entry Price: $2.852
Stop Loss: $2.423
Target 1: $3.341 (Buy Liquidity)
Target 2: $3.897 (Buy Liquidity)
Target 3: $4.099 (Previous Month's High)
Why this setup?
✅ The price has taken advantage of a strong daily order block, indicating a potential bullish rejection.
✅ Net liquidity is settling at $3.341 and $3.897, representing attraction levels.
✅ The overall market structure indicates a potential shift towards bullish order flow.
✅ Favorable risk-to-reward ratio with a defined invalidation below the order block.
Bias and Strategy:
Bullish bias - looking for a buy entry from the current price to target liquidity grabs and the previous month's high.
📌 Worth adding to the watchlist for a long-term setup with high probability.