The analysis indicates a bullish bias on the higher timeframes (HTF), with price retesting the HTF Order Block. I will monitor the lower timeframes (LTF) for a Change of Character (CHoCH) confirmation before executing the entry
The trend reversal in the PDL indicates a shift in bias. Upon confirmation from CH, previous FVG and OTE levels will serve as buy entry points. The target profit will be set at the PDL, while the stop-loss will be positioned at the prior liquidity area for risk management
Mark PDH & PDL, waiting for Liquidity Hunt, confirmation for Change of Character,Entry the OB/FVG/Fib Golden Ratio,TP :- PDL, Stop-Loss :- Last Liquidity hunting area
Mark the Previous Day’s High and Low (PDH & PDL): Begin by identifying and marking the high and low of the previous trading day. Monitor Liquidity Hunt at PDL: Observe the market for a potential liquidity hunt near the Previous Day’s Low (PDL). If the price action shows a liquidity hunt at the Previous Day’s High (PDH), prepare to enter a short position. ...
Major External Range Liquidity(ERL) hunt, after Fib Retracement- Golden Ratio (0.618 & 0.5) area for Entry and Fib Extension - Golden Area (1st TP - 1.618 & 2nd TP 2.618) for Profit Target.
Waiting for the confirmation from Order block,once mitigate the order block,will take short from Entry : 2642.97 Stop Loss : 2647.81 Target Profit : 2596.06(TP1 :- 2625, Final TP :-2647.81)
The Candles Touch the order Block in 15 min TF, Once Swap the Liquidity area, after its take long position and The TP was Net Buy Side Liqudity.
Just have Look at the monthly candles I Seen a cup and handle pattern Formed,Its Sign of BULL.