Hey traders,
Price hit monthly supply order block and has printed a massive weekly bearish engulfing candle which indicates momentum to the down side and a respect of the monthly supply order block. I am going short on this pair and I am anticipating that the daily equal lows will be taken out as liquidity sits there.
P.S: if you can not find it, just look at where my TP is and go on the daily timeframe to see it clearly.
Let me know what you think in the comments.
BR
David
Price hit monthly supply order block and has printed a massive weekly bearish engulfing candle which indicates momentum to the down side and a respect of the monthly supply order block. I am going short on this pair and I am anticipating that the daily equal lows will be taken out as liquidity sits there.
P.S: if you can not find it, just look at where my TP is and go on the daily timeframe to see it clearly.
Let me know what you think in the comments.
BR
David
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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.