4hr: Bullish momentum, as we can see price creating HH and HL's.
1hr: We can see price moving bullish. We do see change of price from around 12300 moving bullish.
30min: We can see price suddenly shot to the upside. Price is being induced into the market therefore leaving an Order Block.
15min: A refined Order Block, clearly showing how price has reacted from that area of interest.
5min: On this chart we can see an Order Block has been created inside of our 15min Order Block. This is a confirmation that this Order Block could serve it's purpose. We just need to wait for price to return to these areas before we take trades.
Overall, I will be waiting to see how price reacts to my significant areas and levels before deciding to take trades.
We are ideally looking for Bearish opportunities , but Should price decide to move in the opposite direction... We are ready to take part in that opportunity.
1hr: We can see price moving bullish. We do see change of price from around 12300 moving bullish.
30min: We can see price suddenly shot to the upside. Price is being induced into the market therefore leaving an Order Block.
15min: A refined Order Block, clearly showing how price has reacted from that area of interest.
5min: On this chart we can see an Order Block has been created inside of our 15min Order Block. This is a confirmation that this Order Block could serve it's purpose. We just need to wait for price to return to these areas before we take trades.
Overall, I will be waiting to see how price reacts to my significant areas and levels before deciding to take trades.
We are ideally looking for Bearish opportunities , but Should price decide to move in the opposite direction... We are ready to take part in that opportunity.