Previous Day rejected the previous day's low.
When price reaches PDL if price shows a bullish CHOCH to the upside
there could be a bullish orderflow change @ near previous day low's
Could be a good long entry towards previous day high
Trade active
Price is getting a bearish rejection from consolidation box, signaling bearish continuation towards PDL.If it gets rejected from PDL once again, it's a good sign of going long towards PDH.
Note
15m fresh demand zone tested, got a nice bullish respect.
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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.