On the 4h Timeframe we have a clear CHoCH, on the move the CHoCH was created we have a Bullish OB which market might come and test to continue to the upside, the entry would be at the start of the OB with the STP below it. Take profit would be the most recent High where the Liquidity is resting, ready to get taken out. Once we reach the OB zone a smaller Timeframe like the 15Min can be used for a better entry. On the lower Timeframe we will be looking for a CHoCH aswell.
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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.