TradingView
arman_ariamanesh
Feb 5, 2024 1:25 PM

ONEUSDT.P Short

ONE / Tether PERPETUAL FUTURESMEXC Global

Description

In the 1-hour time frame, the 1-hour order block (OB) hasn't been confirmed yet. Its confirmation depends on the 1-hour break of structure (BOS), which hasn't validly broken the recent low. If a short position is taken with a target set at the 4-hour order block, there might be fluctuations before bouncing from that zone.

On the flip side of this analysis, the 1-hour order block is not confirmed as a take-profit point for a long position.
Comments
Smg145
🤣
More