Disclaimer: Only for educational and self-study purposes. I'm not responsible for any losses or gains.
Price has retraced into a monthly level and shows rejection and strength towards the upside.
On the Hourly chart, the stock can be longed from the Volume Imbalance(gap, marked in white) or from the 1H orderblock as shown.
Targets can be at the next major swing.
Price has retraced into a monthly level and shows rejection and strength towards the upside.
On the Hourly chart, the stock can be longed from the Volume Imbalance(gap, marked in white) or from the 1H orderblock as shown.
Targets can be at the next major swing.
Comment:
weekly Bearish FVG resisting upward movement. May exit if we close below 167 on the daily
