OP is forming a falling triangle from the point of view of the Neo-Wave method.
The red area that I have marked is a confirmed order block that has many orders in it because it has led to a BOS.
The green area is a good place to place the target.
I think there is a good chance for a short position on the OP symbol. Place the stop above the red box, i.e. at the invalidation level
Be sure to do capital and volume management because there is no technical certainty and the review is probable.
The red area that I have marked is a confirmed order block that has many orders in it because it has led to a BOS.
The green area is a good place to place the target.
I think there is a good chance for a short position on the OP symbol. Place the stop above the red box, i.e. at the invalidation level
Be sure to do capital and volume management because there is no technical certainty and the review is probable.
Trade active:
After hitting the OB range, it dropped about 20%
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