Monthly Timeframe: Price has been bullish after the liquidity sweep.
Weekly Timeframe: The weekly candle closed bullish.
Asian Session: Lows have been swept, indicating potential bullish momentum.
Price Action: Price has reached a POI (4hr, 1hr SIBI), adding more confluence to longs.
Entry: @1.24350
Targets: Looking to target Asian session highs and last week's high.
There is also a volume imbalance that will attract price to the upside in addition to the buyside liquidity.
Weekly Timeframe: The weekly candle closed bullish.
Asian Session: Lows have been swept, indicating potential bullish momentum.
Price Action: Price has reached a POI (4hr, 1hr SIBI), adding more confluence to longs.
Entry: @1.24350
Targets: Looking to target Asian session highs and last week's high.
There is also a volume imbalance that will attract price to the upside in addition to the buyside liquidity.
Trade closed: target reached
TP 2 hit enough for the week. 60pips
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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.