On the daily chart (on the right), we tested two Breaker Blocks (BB) and bounced off them. This is the key zone I will focus on.
What we see on the 4H timeframe:
Liquidity remains below, from which a bounce upward is expected.
Above, there is an FVG that needs to be broken, followed by a rejection from above to continue the upward move.
Further up, there is liquidity that needs to be cleared, followed by a rejection from above and a push toward the ATH.
Strategy:
Following the order flow strategy: the price should make an inversion to confirm its upward movement.
What we see on the 4H timeframe:
Liquidity remains below, from which a bounce upward is expected.
Above, there is an FVG that needs to be broken, followed by a rejection from above to continue the upward move.
Further up, there is liquidity that needs to be cleared, followed by a rejection from above and a push toward the ATH.
Strategy:
Following the order flow strategy: the price should make an inversion to confirm its upward movement.
In my Telegram channel, you can find thoughts on the financial market, crypto, as well as charts and analysis on Forex and crypto. Occasionally, I also share my predictions and signals.
📊 Telegram: t.me/+cY1PokZNwnliYjYy
📊 Telegram: t.me/+cY1PokZNwnliYjYy
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
In my Telegram channel, you can find thoughts on the financial market, crypto, as well as charts and analysis on Forex and crypto. Occasionally, I also share my predictions and signals.
📊 Telegram: t.me/+cY1PokZNwnliYjYy
📊 Telegram: t.me/+cY1PokZNwnliYjYy
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.