CONFLUENCE
1. Major Down-Trend with a minor pullback channel.
2. Previous Daily Candlestick breaks the last 3 candles structure.
3. Swing Low Break of Structure on Daily Timeframe.
4. Order Block highs is the Swing High.
5. Order BLOCK created a FVG/imbalance right beneath itself in cause of an "Order-Flow" which is pulling back price to the spot for a "SHORT".
6. A Strong Sell Side Order Flow in 4bars of the 4H Timeframe.
Entry: 0.64985
SL: 0.65203 (22pips)
TP: 0.64220 (76pips)
1. Major Down-Trend with a minor pullback channel.
2. Previous Daily Candlestick breaks the last 3 candles structure.
3. Swing Low Break of Structure on Daily Timeframe.
4. Order Block highs is the Swing High.
5. Order BLOCK created a FVG/imbalance right beneath itself in cause of an "Order-Flow" which is pulling back price to the spot for a "SHORT".
6. A Strong Sell Side Order Flow in 4bars of the 4H Timeframe.
Entry: 0.64985
SL: 0.65203 (22pips)
TP: 0.64220 (76pips)