4HR TF: Accumulation channel formed and touched the daily OB (White rectangle) and reversed up breaking Daily structure.
Price might retrace back down to the 15 min OB before driving it higher again. (15 min OB: Last down candle before it went higher breaking Daily structure.)
Note: Will see how prices will form near the green rectangle (Daily OB: the last down candle before price broke Daily structure) before taking a long.
OB: Order Block
TF: Time Frame
* Please note that this analysis is for my reference only.
Price might retrace back down to the 15 min OB before driving it higher again. (15 min OB: Last down candle before it went higher breaking Daily structure.)
Note: Will see how prices will form near the green rectangle (Daily OB: the last down candle before price broke Daily structure) before taking a long.
OB: Order Block
TF: Time Frame
* Please note that this analysis is for my reference only.