In this technical analysis, we will see the price movement in the London and New York sessions based on the Smart Money trading method with the combination of price action.
Investors are requested to match the analysis with their own method and take trades once they believe the price will follow the direction.
The whole analysis is for education purposes only. It is not any investment suggestion.!
Waiting for the extension of the channel as it is still building liquidity. The daily trend is up where buying from the bullish order block would be the wiser choice.
Price showed a bullish break of structure with a bullish Quasimodo formation. Still, no trading opportunity. Investors should monitor how the price trades at the near-term swing low.
A strong bullish break of the structure appeared in the H1 chart; the price should come down to grab the sell side liquidity and form a bullish trade setup at the order block.