Us30 06DEC24 pas
On Friday November 22nd the market reacted to a 1D fvg; which is the bullish narrative i wanted to see in order to confirm my bullish directional bias. I also applied Fibonacci to the fvg to locate a few long term price targets.
Now, all that was required of me was to identify an ideal entry point which was offered today as an order block on the 2H timeframe. I applied fibonacci to the structure it was found in. And clear as day the 79% discount level was aligned with the opening of the Ob. The market reacted to it beautifully as anticipated today
Now, all that was required of me was to identify an ideal entry point which was offered today as an order block on the 2H timeframe. I applied fibonacci to the structure it was found in. And clear as day the 79% discount level was aligned with the opening of the Ob. The market reacted to it beautifully as anticipated today
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.