Given that the order flow is bullish on the daily and 15-minute time frames, we expect a temporary correction to begin. Of course, it should be noted that Trump’s recent speech has caused erratic price movement, but my view is that the price hit the daily order block during this speech and collected liquidity above the 4-hour order block.
Therefore, we will soon see a bearish order flow on the short time frame, and this movement could go down to the bottom of the 4-hour swing structure (1.07417 range) in the first stage.
Therefore, we will soon see a bearish order flow on the short time frame, and this movement could go down to the bottom of the 4-hour swing structure (1.07417 range) in the first stage.
Trade closed: stop reached
Feel free to reach out with any questions about technical analysis or private training courses via email.
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alixjey@outlook.com
I’m here to help you grow and understand the market better.
alixjey@outlook.com
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.
Feel free to reach out with any questions about technical analysis or private training courses via email.
I’m here to help you grow and understand the market better.
alixjey@outlook.com
I’m here to help you grow and understand the market better.
alixjey@outlook.com
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.