Price is in sustained up trend. After 1st Break of Structure(BOS) the price came for Retracement at 60% At 60% retracement the sellers lost momentum which was evident Because the lows were getting liquidated (₹Grab) After grabbing the liquidity above mentioned, price changed character by breaking a recent high, which was followed by another BOS. 2 Order blocks have been left behind in this upsurge. The first order block seems more convincing POI.
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.