Price has already printed a Break of Structure (BOS), confirming bullish order flow on the 4H timeframe. The current sell-off is corrective, not a trend reversal. As price retraces, it sweeps internal liquidity (SSS) and taps into a strong 4H demand zone – the same zone that caused the BOS.
This area offers discounted pricing for a potential continuation of the bullish move. If lower-timeframe confirmations appear inside the demand zone, we can expect price to rotate upward and target the imbalance and highs left above.
A value-driven buy: wait for confirmation, then aim for bullish continuation in line with the structural bias.
This area offers discounted pricing for a potential continuation of the bullish move. If lower-timeframe confirmations appear inside the demand zone, we can expect price to rotate upward and target the imbalance and highs left above.
A value-driven buy: wait for confirmation, then aim for bullish continuation in line with the structural bias.
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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.
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.