Technical analysis by tienbmdev97 about Symbol ETH: Buy recommendation (6/17/2025)
tienbmdev97

✅ Trading Setup Summary1. Setup Type:🔹 SFP (Swing Failure Pattern) or Trap at Key Level🔹 Possibly forming a double bottom or liquidity grab at a known support zone.2. Market Context:🔸 Price returns to a previous key level with a volume spike🔸 Likely in a bullish market structure (MS) or forming a reversal after a down move🔸 Entry based on trap logic and session volume confirmation3. Entry Logic:✔ Wait for a stop hunt/SFP at liquidity zone✔ Confirm with volume spike✔ Enter after the rejection/confirmation candle4. Stop Loss:📍 Set just beyond the trap wick (below for long, above for short)🎯 SL is defined and logic-based, not random5. Target (TP):🎯 Use 3–4R reward for intraday/session-based trades🎯 Consider holding for more if Daily timeframe supports a longer move6. Timeframe:🕐 Entry on M15/M5, context from H1/D1📌 Key Strategy Concepts UsedTrap (SFP)Volume confirmationMarket Structure (MS)Key Level (Support/Resistance)Defined SL with good RRSession-based entry (likely Asian session scalp)