Price was super bearish, but that didn't mean we can't long. Possible relief after taking monthly liquidity into monthly gap. Price then broke daily structure to the upside while leaving a gap, confirming a bullish structure in daily timeframe. Possible entry on the gap, with stoploss below the local swing low. Target is monthy orderblock (wick and body of candle).
Comment:
Price made daily swing low above the entry, which means there's liquidity just above our entry. Trade is still active. Hopefully, price will let us enter in the next few days.
Trade closed: stop reached