3. POI (Point of Interest) Alignment
The area above the resistance acted as a high-quality POI (supply zone). After the sweep and MSS, I’m expecting price to reverse and retrace back down toward the next demand area / lower liquidity pool.
4. Strategy: Candle Range Theory (CRT)
This setup fits the CRT framework perfectly sweep of highs, liquidity grab, followed by displacement and change of character.
Current Status:
Sell Limit is placed at 24,351.1. Waiting for price to retrace up into the zone to fill the order.
Risk Management:
- Tight stop above the recent high (24,358.8)
- Targeting the recent lows and liquidity pool below (~24,229 area)
I’ll update the community once the order fills or if anything changes.
What do you guys think?
Anyone else seeing this setup on GER40?