We're at the end of a bearish weekly trend. After the WXY retracement, we prospect a bullish direction to the 0.57168 level to complete the Y wave and target the buy side liquidity.
We're in a bearish retracement in a daily bullish trend, after the retracement, we prospect a bullish direction.
In a daily uptrend, we're in a retracement, so we prospect a bearish direction in the 4h timeframe to the 1914.85 level.
After a downtrend, we're waiting for breaking the previous high, to confirm.
CHOCH + liquidity + waiting for the demand zone test to accelerate in the bullish direction.
Uptrend + BOS + OB retesting. Possibility of Bullish direction after touching that order block + CHOCH on the lower timeframe to confirm
We have two possibilities. The probability of the market reaching the upper order block is higher. However, we still need to wait for confirmation of entry.
CHOCH and waiting for an order block retest to enter a long position
CHOCH and wait for an order block retest to enter a short position
After a Daily CHOCH, the market has created a HH and testing an order block with touching a 200 MA. Now we're waiting for a ranging market on that OB, and a confirmation for bullish direction.