Scenario 1:
-price to rally to a strong supply zone(bearish order block) and we can see a possible reversal.
position can be taken once the price gets rejected from the marked area
Scenario 2:
-rising wedge and bearish divergence at 4hr Tf.
-price to rally to strong demand zone( bullish order block)
- position can be taken according to the mentioned area
-price to rally to a strong supply zone(bearish order block) and we can see a possible reversal.
position can be taken once the price gets rejected from the marked area
Scenario 2:
-rising wedge and bearish divergence at 4hr Tf.
-price to rally to strong demand zone( bullish order block)
- position can be taken according to the mentioned area
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.