A bearish institutional trend coupled with a retracement into a bearish order block, I expect price to take sell side liquidity, continuing it's previous move.
If price breaks the first point of interest, I'll be looking to short at the second POI..
If price remains bullish above both POIs then setup is invalid, I'll be looking to reanalyze the pair.
If price breaks the first point of interest, I'll be looking to short at the second POI..
If price remains bullish above both POIs then setup is invalid, I'll be looking to reanalyze the pair.
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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.