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.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.