The market is in a downtrend. in case of sweeping liquidity and the closing above it, could set up a situation for a potential upward move to mitigate the1H : Ext OB. However, it's important to note that this approach is risky due to its countertrend nature
After reaching the '1H : Ext OB' , confirmed signals on both the 1-hour (1H) and 5-minute (5m) timeframes could present a high-potential opportunity to initiate a short position
After reaching the '1H : Ext OB' , confirmed signals on both the 1-hour (1H) and 5-minute (5m) timeframes could present a high-potential opportunity to initiate a short position