The price index has formed a flip pattern after creating two IFC zones and after hitting the 12-hour supply zone on 12345. In Pullback's movements to order blocks no.3 and no.4 it has created liquidity in AB line . Therefore, it is predicted that in the path of collecting liquidity under AB zones and price coverage in the first IFC zone, after hitting the golden...
Educational: Great potential for collecting liquidity after the CHOCH setup
Due to the collision with the supply area and the refining of the order block inside it, it is possible to retrace the price up to the POI area and then to the floor order block in TP2
Waiting for the price reaction to the order block located in the demand zone
The price in the drop point area after the fall by creating an IFC gap with a large departure and CHOCH , hit a daily demand area. It is now after BOS A and pullback to the previous order block , will moves to collect liquidity and fill the gap in POI area.
Starting pullback to the broken neckline with the effective POI area and continuing the downward movement
The price will be likely to settle in the golden zone after the formation of the CHOH zone and return to the liquidity zone.
After the price hited the order block number A........, the price started to correct the price by forming order block number B and hit the POI area. With the return of the price , the order block in Region B, it was touched again . It is expected to fill the IFC gap chart by sweeping the low liquidity and reach the golden order block below the chart.
After returning to the order block area and accumulating liquidity above the classical resistance can make a corrective return to the POI area.
Symbol behavior in collecting liquidity and activating orders placed on order block
Impact of order block areas in symmetry with support and resistance .... An order block above the support area or below the resistance area could potentially become an trap order block .