Hourly trend looks to be shifting to the upside
Price has retested and found support at order block
Price perfectly retesting 0.618 fibs of the last impulse
Weekly Stucture is bullish. Daily is in a downtrend. Looking for structure to flip bullish on the 4 hour chart and targeting an order block for my entry. Target 1 is top of range high.
FTM USD looks to be creating a Wyckoff accumulation schematic.
Price is currently showing signs of putting in a "spring" and we could expect to see one last test of the lower level of horizontal support which is where I am aiming to take an entry. Aiming to take profit at the top of the range.