Hello friends.
Please support my study works and I will appreciate for your comments and suggestions. Thank you!
As can be seen from the chart, the trend line + order block has worked as a support line. Then we can see the beginning of the strong growth.
Now the POC line + order block that previously worked as a resistance, will work as a support.
So I expect two scenarios:
1) The weekly maximum will work as a resistance and on the retest of the POC level take a long. RR1:2
2) On the short OB take a short with RR1:5. But just wait for confirmation on the low time frame.
Please support my study works and I will appreciate for your comments and suggestions. Thank you!
As can be seen from the chart, the trend line + order block has worked as a support line. Then we can see the beginning of the strong growth.
Now the POC line + order block that previously worked as a resistance, will work as a support.
So I expect two scenarios:
1) The weekly maximum will work as a resistance and on the retest of the POC level take a long. RR1:2
2) On the short OB take a short with RR1:5. But just wait for confirmation on the low time frame.