Currently, on the H1 timeframe, the price is indicating a potential reversal. We have observed a market structure shift, suggesting that the internal structure has turned bearish. With this information, we focus on premium points of interest, such as the H1 bearish order block that the price has tapped into, which aligns with the Fair Value Gap (FVG) that has been completely filled. This confluence suggests looking for sell-side delivery towards the daily FVG, which serves as our draw on liquidity.
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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.