Hello traders,
Price has rallied into a weekly order block and has just swept the previous high (buy-side liquidity). My speculation is that the price will rally to an unmitigated OB which I marked out with the horizontal ray.
For now, I'd be monitoring the 1-hour timeframe for a CHOCH of character to go short.
See my profile for more analysis.
Follow for more updates like this.
Cheers,
Jabari
Price has rallied into a weekly order block and has just swept the previous high (buy-side liquidity). My speculation is that the price will rally to an unmitigated OB which I marked out with the horizontal ray.
For now, I'd be monitoring the 1-hour timeframe for a CHOCH of character to go short.
See my profile for more analysis.
Follow for more updates like this.
Cheers,
Jabari