The price just tapped into a valid order block.
This suggests a potential long (buy) opportunity.
We may see bullish momentum from this zone.
Watch for confirmation like bullish engulfing or BOS or CHOCH.
Place stop loss just below the order block.
Target the next resistance or liquidity zone.
Wait for entry confirmation on lower timeframe.
This suggests a potential long (buy) opportunity.
We may see bullish momentum from this zone.
Watch for confirmation like bullish engulfing or BOS or CHOCH.
Place stop loss just below the order block.
Target the next resistance or liquidity zone.
Wait for entry confirmation on lower timeframe.
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.