price expands out of the consolidation area and created imbalance to get filled
if price breaks out an consolidation area it will retrace back and will reverse at the orderblock
now we wait till price retraced at the poi and then wait for comformation
if price breaks out an consolidation area it will retrace back and will reverse at the orderblock
now we wait till price retraced at the poi and then wait for comformation
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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.