1# On a major Demand zone (Daily Order block). 2# A touch on the 4H channel, and on the 15M channel. 3# Wait for a confirmation on lower TF. 4# All the way up to the Supply Zone.
1#On a Resistant level (Supply area). 2# A possible Head and Shoulder formation. 3# An Order block on in the Supply area
I'm waiting for a reaction on the supply zones (entry triggers according to my strategy). The marking has shown weak lows not highs. For targets, 1:3 -1:5 (target the last valid weak low.
Broke weekly high, a strong move up. We expect a retracement towards the imbalance at the downside. Left an unmitigated OB. From that demand we will look for buying opportunities.
Broke daily structure, a retracement is highly possible. 50/61.8 of the Fib. There is a strong BASE on 15m TF, it's align with the golden ratio (61.8 Fib).