As you can see, the price reacted bullishly after collecting the liquidity, created the inversion FVG, and shifted the market structure.
Now I see the price can draw to the buy-side liquidity, here we have two bullish scenarios:
1- The price may go higher from here and create the bullish FVG, respect them, and grab all buy-side liquidity.
2- There is a clear 1-hour bullish order block below the liquidity pool that formed as an equal low on the 50% Fibonacci level. So we can expect the price to move down to the demand zone (bullish order block) and then with the LTF confirmation, we can enter the buy position.
💡Wait for the update!
🗓️27/02/2024
🔎 DYOR
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