After we saw the liquidity above the equal highs, we therefore had take our trades a bit higher.
We had a clear break of structure to the downside, we are waiting for the mitigation and a drop from thereon.
Oil has traded above our previous significant high, indicating and confirming our upside trend on the bigger timeframes. We therefore need to trade lower to mitigate all order blocks below, sweep out all imbalance and liquidity voids/pools, thus this opportunity. We have clearly broke structure to the downside, our view for this week is to trade a bit higher to...
We’ve broken the structure low,mitigated our order block. A clear book example
We’ve broken structure low, mitigating an order block. Clear book example.
We had a clear break of structure low, we have now mitigated a daily Order block.