Price tapped into the weekly BISI yesterday and began showing signs of rejection. During the New York AM/PM into the Asian session, we saw a pullback, providing a solid confirmation for the current Bullish narrative.
At the moment, I’m anticipating a rejection from the hourly order block around 1.10747. My validation point for this idea is the recent low at 1.17316—a break below this would invalidate the setup.
At the moment, I’m anticipating a rejection from the hourly order block around 1.10747. My validation point for this idea is the recent low at 1.17316—a break below this would invalidate the setup.
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.
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.