In recent weeks, our analysis pinpointed the monthly highest volume node, resulting in a retracement that brought the market back to this critical level. Looking ahead, the strategy is poised for a potential shift in the 4-hour chart, with a preference for a downward trajectory before considering a sell trade. The overarching goal is to capitalize on the downside momentum and target lower lows.
However, it's crucial to acknowledge the possibility of the chart entering a consolidation phase, given the strength of the order block observed on the monthly charts. This dynamic situation demands a keen eye on the market for potential scalping opportunities if favorable conditions present themselves.
Stay tuned Traders!
However, it's crucial to acknowledge the possibility of the chart entering a consolidation phase, given the strength of the order block observed on the monthly charts. This dynamic situation demands a keen eye on the market for potential scalping opportunities if favorable conditions present themselves.
Stay tuned Traders!
Trader & Coach | Founder of CORE5 Tradecraft™
Sharing data-driven strategies that blend market structure, volume flow, and real economic drivers.
I publish the weekly CORE5 War Map on Substack — free insights, charts, and macro context.
Sharing data-driven strategies that blend market structure, volume flow, and real economic drivers.
I publish the weekly CORE5 War Map on Substack — free insights, charts, and macro context.
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.
Trader & Coach | Founder of CORE5 Tradecraft™
Sharing data-driven strategies that blend market structure, volume flow, and real economic drivers.
I publish the weekly CORE5 War Map on Substack — free insights, charts, and macro context.
Sharing data-driven strategies that blend market structure, volume flow, and real economic drivers.
I publish the weekly CORE5 War Map on Substack — free insights, charts, and macro context.
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.