📉 Expecting bullish price action on ELROND(EGLD) after price made a failure swing low meaning near 130$ price area meaning the market strucutre has been shifted. We have a bullish BOS. I woudnt take LONGS trade from this area as we are not in a DISCOUNT market area yet. I will wait for the price to return to fill the bullish imbalances and reject the bullish orderblock on H4. And from there to go higher above 250$ - 300$ area.
What do you think ? Where we go next ?
What do you think ? Where we go next ?