Based on SMC analysis, it appears that the price is likely to reverse from a significant order block area at the bottom. This analysis is rooted in the higher time frame (HTF) structure, which is still showing an upward trend, presenting a strong opportunity for a long position. Additionally, the price has grabbed the liquidity from the previous major bottom,...
The probability of a long trade is determined based on the SMC, with analysis conducted across multiple time frames. This involved moving between timeframes to identify areas of liquidity and order blocks, a method known as top-down analysis, which entails moving from higher time frames to lower time frames.
