Price tested the point of interest and made a retest which created this accumulation phase. This shooting star candlestick that created the order block zone failed to correct the fair value gap, instead it only spiked the gap. An abrupt bullish move occurred to correct the fair value gap and made a pullback that respected the order block. With the current market being bullish, a massive move to the stop order supply zone is expected…
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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.