Price has rallied into premium territory (above the 0.786–0.886 Fibonacci retracement), tapping into a prior strong high with signs of exhaustion. From a Smart Money perspective, we're entering a high-probability sell-side liquidity sweep zone. 📉
Key Technical Highlights:
🔺 Strong High @ ~613.23 aligning with FVG and premium zone
🔻 Projected retracement target: 560–565 zone (mid-FVG & equilibrium)
⚖️ Equilibrium at ~563 — likely acting as magnet for price
🟦 Demand zone and breaker block overlap between 560–570
📈 Long-term bullish trajectory remains intact if this corrective leg plays out and holds
Bias:
Short-term Bearish: Potential rejection from premium into equilibrium
Mid-term Bullish: If we reclaim the demand zone with strength, we likely re-accumulate and target the ultimate liquidity grab @ 644.46
"Liquidity seeks liquidity. Patience is premium." – Wavervanir DSS
📍Watch for volume confirmation and reaction near 560–570 before scaling in. If invalidated (close above 613), reevaluate bullish breakout scenario.
#SPY #SmartMoney #Fibonacci #Wavervanir #Liquidity #VolumeProfile #OrderBlocks #TradingView #QuantStrategy #PriceAction #SMC
Key Technical Highlights:
🔺 Strong High @ ~613.23 aligning with FVG and premium zone
🔻 Projected retracement target: 560–565 zone (mid-FVG & equilibrium)
⚖️ Equilibrium at ~563 — likely acting as magnet for price
🟦 Demand zone and breaker block overlap between 560–570
📈 Long-term bullish trajectory remains intact if this corrective leg plays out and holds
Bias:
Short-term Bearish: Potential rejection from premium into equilibrium
Mid-term Bullish: If we reclaim the demand zone with strength, we likely re-accumulate and target the ultimate liquidity grab @ 644.46
"Liquidity seeks liquidity. Patience is premium." – Wavervanir DSS
📍Watch for volume confirmation and reaction near 560–570 before scaling in. If invalidated (close above 613), reevaluate bullish breakout scenario.
#SPY #SmartMoney #Fibonacci #Wavervanir #Liquidity #VolumeProfile #OrderBlocks #TradingView #QuantStrategy #PriceAction #SMC
WaverVanir ⚡ To grow and conquer
stocktwits.com/WaverVanir | wavervanir.com | buymeacoffee.com/wavervanir
Not Investment Advice
stocktwits.com/WaverVanir | wavervanir.com | buymeacoffee.com/wavervanir
Not Investment Advice
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.
WaverVanir ⚡ To grow and conquer
stocktwits.com/WaverVanir | wavervanir.com | buymeacoffee.com/wavervanir
Not Investment Advice
stocktwits.com/WaverVanir | wavervanir.com | buymeacoffee.com/wavervanir
Not Investment Advice
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.