Greetings Traders, I'm observing a sustained bullish institutional order flow in the Dollar, targeting the weekly and monthly buy stops as my buy-side objectives. Currently, we're operating within discount prices, having rebalanced the daily discount Fair Value Gap (FVG) and tapped into the mitigation block, a zone of institutional support. Additionally, price...
Reason: 1. Break of structure 2. Mitigated 3h/4h OB 3. Divergence 4. Support zone area
Market has been range bound for a while now, going back and forth within the novice space. We expect it to breakout to the downside soon. The moment this happens, we look to buy at the price level where demand exceeds supply according to what the price chart dictates. At this same time, some traders are likely to be trapped if they go short on the breakout. This...