We should see a short down to 1.26320 take out Liquidity and buy up from 1.26315
I expect a healthy retracement taking liquidity and respecting the last Order block, filling BISI
Retail analysis: Break out from a Daily flag and a retest to a 1hr Bullish OB in the swing that led to the Break out. All things being Equal this can count up to 700 to 1000 pips Note: You are still early
Intend to go long at 1596.70 and hold for 10 RR with a minimal risk and stop at 1593.07
Buying into Arbitrum only if price returns to that level and taking profit at 10RR
When the 15mins structure is broken i expect a Return to Order Block and a sell off from there.
There was a H4 shift of market structure, waiting for a return to H4 OB (supply Zone), where we are likely to see a sell off to the H4 OB (Demand Zone). Potential RR: 5.30
SHORT AUDNZD WEEKLY BEARISH OB REJECTION,TARGET WEEKLY BULLISH OB alsom price rejection at OTE
Reason for going Long, price traded back to the last ORDER BLOCK after taking out the buyside liquidity on the H1, now i expect price to take out buy side liquidity on the daily as well @1.6550, price is now Forming HH & HL on smaller timeframes