ETH SHORT SETUP OFF A RESISTANCE GAP/BLOCK
Bias: Bearish
Plot:
Price retraced up and falls off a rejection block in HTF.
A liquidation buy side and strong rejection after.
A gap was created off behind an OB also from a previous OB that was violated.
Price returns under this old OB Area and turns into a resistance GAP/Block.
Entry behind OB right below GAP.
Plot:
Price retraced up and falls off a rejection block in HTF.
A liquidation buy side and strong rejection after.
A gap was created off behind an OB also from a previous OB that was violated.
Price returns under this old OB Area and turns into a resistance GAP/Block.
Entry behind OB right below GAP.