The market is actively sweeping liquidity around the 84,720 level. I see a pronounced volume burst right after the price nudged past 84,650, and the order book thinned dramatically near 84,720 before refilling sharply at 84,790.
Real talk, on the 5‑minute chart the candle that broke 84,650 also erased the bid wall at 84,720, then the next bar closed well above 84,790, confirming that stops were taken and new buying stepped in. This three‑tier structure—84,650, 84,720, 84,790—marks where the sweep happened and where accumulation resumed.
Given this pattern, where would I set my entry and stop to respect the liquidity zones?
Real talk, on the 5‑minute chart the candle that broke 84,650 also erased the bid wall at 84,720, then the next bar closed well above 84,790, confirming that stops were taken and new buying stepped in. This three‑tier structure—84,650, 84,720, 84,790—marks where the sweep happened and where accumulation resumed.
Given this pattern, where would I set my entry and stop to respect the liquidity zones?