Last week we printed a valid pullback candle on the weekly chart. That means at any moment with proper validation on the lower timeframe we can continue going higher from here.
A higher probability setup is for price to pullback deeper into the imbalance or order block to then continue going higher.
If lower time frames do not show any intention of giving a deeper pullback then we can just continue going long from where we are.
A higher probability setup is for price to pullback deeper into the imbalance or order block to then continue going higher.
If lower time frames do not show any intention of giving a deeper pullback then we can just continue going long from where we are.
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.
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.