Monthly open strategy and S/R level Order block
Price moves above the monthly open and retraces back into open at 4hour breaker, buy, Stop loss 5 pips below 4 hour breaker( Green box)
Price continues to fall and fills inefficient gap. WAIT until price bounces off support level and look for any bullish PA to go long in lower time frame .
Price continues to fall and fills inefficient gap. WAIT until price bounces off support level and look for any bullish PA to go long in lower time frame .
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Disclaimer
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.