ETH Long Scalp Setup OTE Asian Low - Re-Entry
Day's Bias: Bullish
Plot:
- Re-Entered after price shows a long entry setup after taking out short-term low liquidity.
- Setup model, Price takes out Asian Range Low by London Session to go higher and take out buy-side liquidity.
- Price Consolidated right above unmitigated optimal long entry before London Session.
- Asian Range cleanly sets up buy-side liquidity targets before NY Session ends.
- Day's Bias based on candle stick analysis.
- Price consolidates and shows strong willingness to seek higher prices after reaching OTE .
- Highest target Previous Day's High.
Plot:
- Re-Entered after price shows a long entry setup after taking out short-term low liquidity.
- Setup model, Price takes out Asian Range Low by London Session to go higher and take out buy-side liquidity.
- Price Consolidated right above unmitigated optimal long entry before London Session.
- Asian Range cleanly sets up buy-side liquidity targets before NY Session ends.
- Day's Bias based on candle stick analysis.
- Price consolidates and shows strong willingness to seek higher prices after reaching OTE .
- Highest target Previous Day's High.
Comment:
Watching price' behavior towards 50% of Asian Range, confirmation here will make the price explode. Next level is to possibly pause right below the unmitigated OB before taking out Yesterday's High.
Comment:
Explosive bounce on a retrace to the AR50. Should at least reach Market Gap at $1645.