$CITY just printed one of those moves traders wait for.
Price flushed hard, swept the range low around 0.596, grabbed liquidity, and then snapped back with a clear rejection. That kind of wick tells a story — sellers pushed down, but couldn’t stay there. Now we’re sitting right inside higher time frame demand, which is where reactions are supposed to happen.
This isn’t random. It looks like a classic liquidity grab followed by a mean-reversion bounce setup. The panic sell is done, and now the market is testing if buyers are ready to take control.
Entry zone I’m watching is 0.598 to 0.600. That’s right where price reclaimed after the sweep. It keeps risk tight and keeps the trade logical, not emotional.
Targets are clean and realistic. First take profit sits at 0.612, where price can react and slow down. Second target is 0.620, a stronger push level if momentum builds after the bounce.
Stop loss is at 0.590. If price goes back down there and holds, then the demand reaction failed and the idea is invalid. Simple and clear.
The reasoning is strong here — range low swept, rejection confirmed, sellers look exhausted on the 15m, and price is reacting from demand. This is the kind of structure where risk is small, but the bounce can be sharp if buyers step in properly.
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