ETHUSD Potential Long After Liquidity Sweep (1H)
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ETH swept sell-side liquidity and showed a strong reaction from demand. Price is currently setting up for a potential bullish continuation if structure holds.
Entry: 2,954.74
Stop Loss: 2,891.06
Take Profit: 3,327.00
Risk / Reward: ~1:5.85
Target Move: +12.59%
Confluences:Sell-side liquidity sweep
Strong displacement from demand
Clear invalidation level
Clean RR profile
ļø Setup invalidated if price closes below 2,891.06.
Disclaimer: Not financial advice. Iām just a random person on the internet drawing colorful boxes on a chart. Trade at your own risk. -
Liquidity sweeps often set up clean reversal opportunities.
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Lower timeframe confirmation will be key for longs.