SUI potential longhello and greetings to everybody.
today we have almost a perfect setup to execute and I will explain the details in a minute so bear with me.
in the 1h picture, we clearly have a bullish structure and price in my opinion finished the pullback phase and is ready to go higher.
we came to a 1h demand and after that, the price broke the structure and gave us the confirmation but the other thing is before that move the price sold very aggressively to the downside and liquidated all those orders then gave us a shift in market structure shift and also that low that got liquidated was the previous day low too.
I'm thinking at this point that the price will probably go and will take out the external liquidity or maybe the week high.
so I opened an order set it at a 15-minute order block and targeted all those liquidity to the upside that is marked on the chart and if we get tagged in the order after that BE line I'm gonna go break even.
for context, the blue dots are our current micro range that I mark personally.
that is it, thanks for reading.