@tradersnotes.ir: A bullish breakout does not always mean a bullish reversal. Sometimes, it is simply a liquidity grab before the main trend continues. The market is in a bearish trend and forms a bearish BOS, followed by a bearish pennant pattern. Instead of breaking the pattern support, price breaks above the resistance. This move can attract breakout buyers, while the broader bearish structure remains intact. The breakout therefore acts as a potential liquidity grab before the next bearish leg. We then apply Fibonacci Retracement to identify the key reaction zone. Price reaches the Fibonacci area, reacts lower, and the bearish move begins. The short entry is taken from this zone, while Fibonacci Extension is used to project the target. ⏱️ Timeframe: 4H 📌 Save this setup to study how false breakouts, liquidity and Fibonacci can be combined in a bearish market. #BearishPennant #LiquidityGrab #trading

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Wednesday 30 September 2026 09:12:15 GMT