Bullish Bias Until Opposing Displacement
Classic SMC concept:
Price at Premium area, in order to gather liquidity it has to go to Discount area.
Lets break down it into available Week unfolding Scenario:
Scenario A:
The easiest target for Price is to take PWH (Premium) and then we may face the some sort of displacement it could create Daily/4h -OB then we may trade up to Thursday for having Bearish Bias (short term) by keeping in mind Bullish Bias intact in mind (long term).
Scenario B:
Price may drop into FVG:BISI(4h) and may turn Bullish and then we may notice FVG creation on Monday and may ride Tuesday retracement to frame Bullish trade up to Thursday/Friday.
Price at Premium area, in order to gather liquidity it has to go to Discount area.
Lets break down it into available Week unfolding Scenario:
Scenario A:
The easiest target for Price is to take PWH (Premium) and then we may face the some sort of displacement it could create Daily/4h -OB then we may trade up to Thursday for having Bearish Bias (short term) by keeping in mind Bullish Bias intact in mind (long term).
Scenario B:
Price may drop into FVG:BISI(4h) and may turn Bullish and then we may notice FVG creation on Monday and may ride Tuesday retracement to frame Bullish trade up to Thursday/Friday.
Have Patience, it'll come to you.
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