In my book, drawn paths are more likely to occur. In the 1-hour chart, the market is in a downtrend. I'm waiting for a downward movement on the 15-minute chart to initiate a short position with a take profit at the 4-hour order block.
Additionally, a long order above the 4-hour and 15-minute order blocks could be placed, but in my opinion, it is riskier.
I will update the market structure as soon as possible.
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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.