Following the Bearish Market Structure we have a strong confluence that price continue bearish and will come and tap into the unmitigated D1 order block. We're expecting price to take upside TL liquidity tap into our M3 refined OB above liquidity and in our Discount Level and subsequently reverse. We could also see a push above this OB and into extreme supply seeing a reversal at this price point. I will look for confirmation at these levels before entering.
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.