last week price broke the structure to the upside and then came back down for mitigation now price has reached a one hour order block. if you look at the effort of buyers and sellers in the market buyers have more power due to the huge momentum candles up compared to the slow moment down. so this tells me that this move is nothing but a mitigation and price wants...
As we can see price broke structure(BOS) on the daily and created equal lows ("ELs") where I expect smart money to liquidate and furthermore price is almost at the 50% of a weekly imbalance meaning there is good confluence for a BUY on the short term as a pullback to mitigate the order block (OB) on the daily, which is also a strong supply zone for further...