there are so much confluences here to approve the long position
1. I drew 3 trend lines from 1m 1w and daily all converged at the spot here
2. the price is sitting on a strong support line
3. the price has mitigated the daily/hr. ODB ..
dnt be fooled into short look for long position for me
1. looking for a small ODB in 15min or 30 min to mitigate
2.or an engulfing 15 min/candle
3. looking for CHOCH and BOS to the upward side .. but anyway I have seen significant rejection to enter though.
4. lastly I love to see the 3 white soldiers candle on either 5min or higher to keep my position ...
stay safe guys remember market is reactive not predictive.
1. I drew 3 trend lines from 1m 1w and daily all converged at the spot here
2. the price is sitting on a strong support line
3. the price has mitigated the daily/hr. ODB ..
dnt be fooled into short look for long position for me
1. looking for a small ODB in 15min or 30 min to mitigate
2.or an engulfing 15 min/candle
3. looking for CHOCH and BOS to the upward side .. but anyway I have seen significant rejection to enter though.
4. lastly I love to see the 3 white soldiers candle on either 5min or higher to keep my position ...
stay safe guys remember market is reactive not predictive.