Price does not have to reach to the daily supply zone, but until I see a bearish sign on 4H time frame, it makes sense to follow 4H bullish order flow.
Note
4H swing and 4H internal structures are still bullish. Fractal low might be used as liquidity to fuel bullish momentum to the upside. I keep observing the price in lower time frames to look for buys.
Note
Taking a long after 15m strong liquidation in 4H demand zone targeting 4H swing high ( 6R )
Note
Strong push to the upside indicates that the price possibly will test higher points but as we are currently getting closer to the Daily Supply Zone, bullish momentum might get weak.
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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.