Volume Spread Analysis indicates that selling pressure has diminished, showing signs of a lack of interest in further selling. Meanwhile, the ICT Drive Pattern reveals multiple failed attempts by demand to push prices higher. However, on the fourth attempt, a bullish confirmation appears through MSS/CHoCH, suggesting potential upward momentum.
This trading plan combines mechanical strategies with smart money concepts to help you make informed decisions. For more information, please follow me linktr.ee/CipherSMC
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This trading plan combines mechanical strategies with smart money concepts to help you make informed decisions. For more information, please follow me linktr.ee/CipherSMC
Related publications
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.