After a strong bullish impulse, price pulled back and formed a clear demand zone (OB) near the origin of the move.
The market is now retesting this zone after breaking short-term structure to the upside.
Entry:
Long from demand zone (OB) at the base of the bullish impulse.
Confluences:
✔️ Clean bullish BOS (Break of Structure)
✔️ Strong rejection wick from demand
✔️ Lower time frame liquidity grab
✔️ Favorable R:R setup
SL: Below the OB
TP: Targeting previous supply zone above
Bias: Bullish until structure shifts again
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The market is now retesting this zone after breaking short-term structure to the upside.
Entry:
Long from demand zone (OB) at the base of the bullish impulse.
Confluences:
✔️ Clean bullish BOS (Break of Structure)
✔️ Strong rejection wick from demand
✔️ Lower time frame liquidity grab
✔️ Favorable R:R setup
SL: Below the OB
TP: Targeting previous supply zone above
Bias: Bullish until structure shifts again
FOLLOW ME FOR MORE SIGNAL
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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.
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.