The daily structure remains bullish, though price is currently retracing into deeper levels, potentially targeting areas of inefficiency and liquidity.
On the 4H timeframe, price has:
Formed a valid demand zone
Left behind an imbalance
Built liquidity just below the zone, increasing the chance of a sweep before reacting
📍 Plan:
Wait for a mitigation of the 4H demand zone, ideally accompanied by a liquidity sweep
Then, drop to lower timeframes (M5–M15) to look for:
CHoCH
BOS
Bullish structure for entry confirmation
✅ Price is currently executing as planned, respecting the structure and moving toward our zone of interest. Stay ready to act upon confirmation
On the 4H timeframe, price has:
Formed a valid demand zone
Left behind an imbalance
Built liquidity just below the zone, increasing the chance of a sweep before reacting
📍 Plan:
Wait for a mitigation of the 4H demand zone, ideally accompanied by a liquidity sweep
Then, drop to lower timeframes (M5–M15) to look for:
CHoCH
BOS
Bullish structure for entry confirmation
✅ Price is currently executing as planned, respecting the structure and moving toward our zone of interest. Stay ready to act upon confirmation
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.