1D- Daily timeframe we saw price break structure lower but after the break price did not move lower in fact we saw it retracing.
4H- Here price agreed with the daily by breaking structure higher to go take the liquidity(Internal) resting higher, if we take a closer look at the leg that broke structure higher we can than identify imbalances in price and as ICT mentions price looks for two things 1. liquidity and 2. Imbalances. Right now our focus is price balancing before going for the buyside.
4H- Here price agreed with the daily by breaking structure higher to go take the liquidity(Internal) resting higher, if we take a closer look at the leg that broke structure higher we can than identify imbalances in price and as ICT mentions price looks for two things 1. liquidity and 2. Imbalances. Right now our focus is price balancing before going for the buyside.
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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.