On Friday - 17 may 2024, price tapped by in to the 1H orderblock at the 1.08357 price level. Structure on the same timeframe confirms bullish price action with the continuation of higher highs and higher lows.
Further bullish price action is expected during the London session when volume returns to the market.
At this point, we are expecting bullish order flow to be respected. Upon price action confirmation above the current higher low, we will look for entries and seek to take trades up to the level of 1.08950 where there is 1H Buyside Liquidity.
Further bullish price action is expected during the London session when volume returns to the market.
At this point, we are expecting bullish order flow to be respected. Upon price action confirmation above the current higher low, we will look for entries and seek to take trades up to the level of 1.08950 where there is 1H Buyside Liquidity.