The Order Bloc (OB) is the 2 candles side by side, The bullish and then the bearish side by side, almost same body , sends price down, for an OB to be valid, it needs to be tested , that means price is pushed to the OB area and redirected bearish by the OB . Since price on the 1D TF just filled an imbalance and since turned on the bullish , if you check the daily...
just follow the analysis. Price has arrived at a strong resistance zone
AUDCHF is at a Strong resistance on the daily TF , Original bias on price is looking at price to grab sell side liquidity on the Daily TF. Look for sells
A confirmed Longterm Bearish Movement We see price on the 4hr TF looking to get to the previous OB , which we expect our OH to be honored
We see price moving to our Breaker, on 1 week TF we see price going down to take liquidity before next move so that would be for long term, going down to lower TF, we see price moving up from a little area of consolidation to a probable move back to our Breaker for another bearish move, our breaker which we see should act as a resistance at that point
It’s a two way thing , we jus need to be patient, price broke through the box and is about either retesting or wants to get back in the box, if price gets back into our box then we can check to go short down till the suppprt line, if price hits our resistance line and bounces then we look to go long ! But we know Price of Btcusd to be more of ups and downs ,...
Hold Moved Swiftly From Consolidation down time 1679 area, thereby creating Liquidity Void on 4H TF, which we see filled up and it’s at our OV area which we see should be checking as a potential Resistance Zone! Thereby we should expect the bears in market from henceforth