FSR is very much bullish but we had sideways movement (accumulation of orders) from March 2022 to July 2024 finally we took liquidity and we had an impulse movement to the upside (Elephant stepped in the pool). The market after breaking the structure it maintained above external high showing intention of a bullish bias, Ey I would be unreasonable to think the...
From 2022 to mid 2024 around July we had a bearish run we kept maintaining bearish order flow. Until we had order flow disruption to the upside which is the first indication of the bulls taking control and second confirmation was the unwillingness to the downside followed by bullish break of structure (continuation) I will be looking to take long positions........
I was studying the momentum to the upside I am pretty much convinced that the elephant stepped in the pool(liquidity) and the corrective move to the downside it solidifies my long position and I have my heat wave entry instrument I would be looking to take more positions
