Looking for longs in this area. Lines up perfectly with the the US currency index as well. The point of interest mentioned / OB is what caused this BOS.
This is where the orders were that created the push up so price should gravitate back down to the origin of the move and fill the imbalance in the market and have a reaction.
I will look for an entry on the lower time frames. for my entry i will use the 1/2/3/4/5 min time frames and see what is the cleanest at the time of entry
This is where the orders were that created the push up so price should gravitate back down to the origin of the move and fill the imbalance in the market and have a reaction.
I will look for an entry on the lower time frames. for my entry i will use the 1/2/3/4/5 min time frames and see what is the cleanest at the time of entry