Daily bias is bullish
One of the key ICT concepts is that price moves from IRL(internal range liquidity) to ERL (external range liquidity).
The price retraced back and filled the order block (IRL) at OTE level (fib level between 0.618 to 0.786) and reacted off it strongly.
I expect price to seek liquidity above at 0.69500
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One of the key ICT concepts is that price moves from IRL(internal range liquidity) to ERL (external range liquidity).
The price retraced back and filled the order block (IRL) at OTE level (fib level between 0.618 to 0.786) and reacted off it strongly.
I expect price to seek liquidity above at 0.69500
Tell me what you think of this idea.
Follow for more
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Disclaimer
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.