Based on the daily chart structure, the current market trend is bullish, evidenced by a Break of Structure (BOS). The price has already retraced to the 70% Fibonacci level on the same timeframe, indicating a healthy pullback within the ongoing trend.
However, despite this bullish context, this is not yet an ideal high-probability entry for either swing or short-term positional trading. The reason is that there remains an unmitigated Fair Value Gap (FVG) located near an extreme order block. This inefficiency could draw price lower before a continuation move.
Recommended Strategy:
Wait for price to revisit the order block that aligns with the FVG.
Upon reaching this zone, look for confirmation via:
A Change of Character (CHoCH) or
A Flip zone formation on a lower timeframe.
Entry Confirmation:
For swing trading, monitor the 15-minute timeframe for a CHoCH or flip as confirmation.
For short-term positional entries, use the 1-hour timeframe to confirm a reversal or structure shift.
Once confirmation is observed at the order block zone, this will provide a high-probability entry aligned with the prevailing bullish trend and refined institutional order flow concepts.
However, despite this bullish context, this is not yet an ideal high-probability entry for either swing or short-term positional trading. The reason is that there remains an unmitigated Fair Value Gap (FVG) located near an extreme order block. This inefficiency could draw price lower before a continuation move.
Recommended Strategy:
Wait for price to revisit the order block that aligns with the FVG.
Upon reaching this zone, look for confirmation via:
A Change of Character (CHoCH) or
A Flip zone formation on a lower timeframe.
Entry Confirmation:
For swing trading, monitor the 15-minute timeframe for a CHoCH or flip as confirmation.
For short-term positional entries, use the 1-hour timeframe to confirm a reversal or structure shift.
Once confirmation is observed at the order block zone, this will provide a high-probability entry aligned with the prevailing bullish trend and refined institutional order flow concepts.
Haftungsausschluss
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.