Price is currently at discount levels of the leg (below 50%).
It has come towards a monthly FVG coupled with a Weekly OB within in.
Bought and CMP and aiming for the next premium imbalance and the Highs.
Cons: It might dip to Lower levels before giving a move either because of the buyside liquidity getting swept or to go to a lower FVG or from a reaction towards the weekly bearish FVG as similarly seen on TEXRAIL at this point in time.
It has come towards a monthly FVG coupled with a Weekly OB within in.
Bought and CMP and aiming for the next premium imbalance and the Highs.
Cons: It might dip to Lower levels before giving a move either because of the buyside liquidity getting swept or to go to a lower FVG or from a reaction towards the weekly bearish FVG as similarly seen on TEXRAIL at this point in time.
Comment:
Will exit on weakness
