Price is currently at the range low, building up support at the EQ of the weekly order block.
Technical reasons for the trade:
→ Range low, trading at the weekly OB EQ
→ Double bottom price structure on the weekly. Price structure also forming on the 1D
→ Buyers have been accumulating between 200-300 sats according to volume
→ Clearly defined risk window
Good luck!
Hit the LIKE button if you find my analysis valuable and want to support me. Follow to make sure you don't miss any future trade ideas.
Technical reasons for the trade:
→ Range low, trading at the weekly OB EQ
→ Double bottom price structure on the weekly. Price structure also forming on the 1D
→ Buyers have been accumulating between 200-300 sats according to volume
→ Clearly defined risk window
Good luck!
Hit the LIKE button if you find my analysis valuable and want to support me. Follow to make sure you don't miss any future trade ideas.