In the 1H time frame, due to the fact that he took an ascending guard and moved to the bottom area of the previous range, and this return can be considered as a pullback to the broken structure, and now by creating an OB in the specified area, it can create demand In return, move to the specified areas of supply areas.
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Note
In line with the trend line, it made a correction to the green box area to collect its liquidity and is currently rising to the first supply area. Note
According to the direction of movement towards the target in the supply area, it faced a positive reaction and caused selling pressure, which, as is clear in the chart, is moving in an upward channel in 1H time. Trade closed: target reached
Full TP...
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.