1D Timeframe:
Market structure has transitioned from a bullish trend to a bearish one.
Inducement has been removed, mitigating the previous Decisional OB (Order Block).
The price continues to decline.
1H Timeframe:
The structure is breaking to the downside, indicating a bearish trend.
We are waiting for the Inducement to be taken out, with the possibility of mitigating the recent High-Volume Order Block (HP OB).
Upon receiving all necessary confirmations, we will enter the trade.
Target: The low of the 1D timeframe.
Best regards,
Trader Kenmi
Comment:
IDM TAKEN OUT
Comment:
Lets see on wich side is liquidity xD
Lets see on wich side is liquidity xD
Trade active
New IDM formed