As expected from our last idea, price reacted well to our 1H Order Block zones.
🔹 Upon receiving bullish confirmation on the 3-minute timeframe, we entered a long position, which has now moved 60 pips in our favor.
📍 Current Setup:
Price is now at a decision point – around yesterday’s high (PDH) and the 1H supply (OB).
✅ If price breaks above PDH (dashed yellow line), it could lead to a clean break of the 1H resistance and continuation to the upside.
🚫 However, if bullish momentum weakens, there’s a real chance price may pull back to collect buy-side liquidity in the blue and green demand boxes below.
⚠️ It’s Friday – trade with caution!
Late-week volatility and false spikes are common before weekly close.
🔍 Insight by ProfitaminFX
If this outlook aligns with your bias, or if you see it differently, feel free to share your perspective in the comments. Let’s grow together 📈
🔹 Upon receiving bullish confirmation on the 3-minute timeframe, we entered a long position, which has now moved 60 pips in our favor.
📍 Current Setup:
Price is now at a decision point – around yesterday’s high (PDH) and the 1H supply (OB).
✅ If price breaks above PDH (dashed yellow line), it could lead to a clean break of the 1H resistance and continuation to the upside.
🚫 However, if bullish momentum weakens, there’s a real chance price may pull back to collect buy-side liquidity in the blue and green demand boxes below.
⚠️ It’s Friday – trade with caution!
Late-week volatility and false spikes are common before weekly close.
🔍 Insight by ProfitaminFX
If this outlook aligns with your bias, or if you see it differently, feel free to share your perspective in the comments. Let’s grow together 📈
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.
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.