Price has pushed away from the untested H4 FVG, showing strong bullish pressure. With ADX > 25 on the 15m and close to crossing on 1H/4H, momentum is shifting into trend mode.
My watch:
Break + retest of yesterday’s high and MH level for continuation longs.
Only looking for shorts if liquidity sweeps above MH and we see strong rejection.
Question is: do we run higher with ADX confirmation, or is this just a trap before a deeper pullback?
My watch:
Break + retest of yesterday’s high and MH level for continuation longs.
Only looking for shorts if liquidity sweeps above MH and we see strong rejection.
Question is: do we run higher with ADX confirmation, or is this just a trap before a deeper pullback?
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.