Fvg formed on $SUI 4 hours timeframe around $1.03 - $1.02 which acted as resistance. Confirming bearish control, as proce previously rejected sharply. Also forming a double top.
Trade target plan was when price again retested the same FVG and formed a similar reaction on 1 hour time frame. With liquidity sweep.
On $SUI 15 min time frame entry was executed by a doji candle followed by a red inverted hammer bearish reversal.
Outcome: price respected the FVG as resistance, validating the analysis leading to a profitable downside move. #FVG combined with multi-timeframe (4hr + 15min) can predict high probability trades. Tp1: 0.9575 Tp2: 0.9270 Tp3: 0.8825 #SUİ #analysis #strategy
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Why this setup? 4H setup signals SHORT. Daily trend is bearish, but RSI on lower timeframes shows a minor bounce. Key resistance at the entry high of 0.9269. A break below the entry low of 0.9202 could accelerate the move toward TP1 at 0.9034.
Debate: Is this just a bear trap before a reversal, or is the real flush down to TP2 coming?
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