We had good momentum to the downside from the Supply area marked in the chart creating an Imbalance
After multiple BOS, Price retraced, filling imbalance and taking out all the liquidity from early sellers
Waiting for LTF confirmations to enter sell position
After multiple BOS, Price retraced, filling imbalance and taking out all the liquidity from early sellers
Waiting for LTF confirmations to enter sell position
Order cancelled
There's a strong momentum to the upside lately Price broke the supply area and the Trend on the daily or the 4H TF is pretty bullish, it didn't shift
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Disclaimer
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.