price reaches an order block/demand area and forms a QM pattern (higher high and lower low). if price reaches the left shoulder level (fib retracement of 0.718 and 0.886 - best levels for premium or discount ), it could reverse and go bullish . Divergence also occurs at 30M and 1H tf that backs up the bullish behavior. The overall trend is now bearish after it...
On a H4 tf we are seeing a AO divergence and a Break of Structure happened bearish, it is now on the Premium area / Supply area so I am expecting it to go bearish. Going into the M30 tf for more confirmations, I am waiting for Break of Structure at 1.37291 to make a lower low. If that happens, it should retrace to the 0.718-0.886 zone and make SHORT entry. High...
Price reached Demand Zone on a higher TF. We are seeing AO exhaustion/divergence on 15M TF. Looking at Buy at 1.11669 golden zone level. This is a Retrace buy after a Break of Structure of previous High.
Price approached the 0.5 - 0.618 zone from a previous bearish move. it now creates AO divergence 15M and if a break of structure happens (lower low in 15M, breaking 0.99118), then if it retraces to the premium area (0.718-0.886), we can Short.