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tokelohomi
May 21, 2023 10:27 AM

From phase to phase 

British Pound/U.S. DollarFXCM

Description

Distribution phase influenced a change in market structure after price broke out of the the. The market formed a low volume bearish order flow. At level 1.23919 the market started to consolidate, created accumulation phase and pushed to the upside. With this pullback in place, we should expect price to tap into the order block in order to give an impulsive move to the 4h order block at 1.25649…
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