Notice the ORDERBLOCK(OB) created at the beginning of today's London Session - Feb 08.
This OB wasn't mitigated.
I expect price to come back & hit it.
Liquidity is being engineered in form of higher lows just before the FVG created by that orderblock
I've outlined a blue area, that is my demand zone but I expect price to hit the orderblock before reversing to take today's highs
SL is below today's bullish move, if it hits it then we are likely facing a strong selloff
This OB wasn't mitigated.
I expect price to come back & hit it.
Liquidity is being engineered in form of higher lows just before the FVG created by that orderblock
I've outlined a blue area, that is my demand zone but I expect price to hit the orderblock before reversing to take today's highs
SL is below today's bullish move, if it hits it then we are likely facing a strong selloff
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Related publications
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.