After pumping, changing CH, and clearing a supply zone, the price is now pulling back to lower order blocks.
In the lower zone, there is an overlap between the flip line and the QM level, which appears to be a strong area.
Additionally, the upper order blocks have been consumed, and if the price intends to continue its upward movement, there are no significant sell orders ahead.
Targets are marked on the chart.
A daily candle closing below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
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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.