Market Context: Staying Bullish Until Proven Otherwise

Coming into the session, the overall trend was clearly bullish. Price had been respecting a rising trend line, forming higher lows, and building a nice stair-step structure. I wasn’t looking to fight that I was just waiting for price to come back into a solid area of interest and give me a clean entry.

What I liked:

• Price was pushing up steadily, no major signs of weakness.

• A few unfilled fair value gaps (FVGs) along the way clear signs algo traders were active.

• Previous resistance flipped to support always a nice look for continuation.

The Setup: Fair Value Gap + Entry Trigger

I waited for price to retrace back into an FVG that had formed after a strong move up. It also happened to be sitting right above a previous breakout zone, which added more confidence to the idea.

The entry came as price dipped into that FVG and immediately showed rejection with a strong bullish candle. That was my green light.

Marked-up Zones:

• Entry: Inside the FVG just above the breakout zone.

• Stop Loss: Tucked just under the FVG and structure if it dipped below that, the idea was dead.

• Take Profits:

  • TP1: At recent highs where you'd expect early profit-taking.

  • TP2: Just below a major resistance where price previously stalled.

The Trade: Smooth Execution

After entering, there was barely any drawdown. Price launched quickly, pushed through TP1 with momentum, and kept climbing into TP2 without much fuss. That’s rare but satisfying when it happens.

Quick Stats:

• Entry: ~6,294

• Stop Loss: ~6,283

• TP1: 6,317 (hit)

• TP2: 6,327 (hit)

• Risk/Reward: Around 1:2.7

Final Thoughts

This trade is a good example of why it pays to wait. I didn’t chase anything, didn’t force the trade just marked the levels, waited for price to come to me, and trusted the plan.

Key Takeaways:

• Let price show its hand before you commit.

• FVGs and clean structure still work like magic when used properly.

• Know your levels and don’t overcomplicate it.

Simple setup, solid reward, stress-free execution.

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