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Smart Money Concepts analysis
Price swept sell-side liquidity below the 4230 session low and reclaimed the bullish Order Block at 4232-4234. A clean Fair Value Gap remains open between 4235-4237, targeting buy-side liquidity resting above 4248. Structure remains bullish on M15 with higher lows intact.
The higher-timeframe context reinforces the bias: H4 is trading back into the premium half of the daily range after mitigating the weekly demand shelf at 4218, and the displacement off the sweep confirms institutional participation rather than a random wick. The scenario stays valid while 4228 holds — a clean close below the Order Block midline would negate it and expose the discount array at 4224. Risk sits under 4228; the first objective is the equal highs at 4248, with 4256 as the extended draw on liquidity.
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