Bullish low time frame structure on 1H chart with consecutive higher highs and higher lows - therefore long bias for short term trades.
One hour bullish orderblock identified which is confluent with POC (red line). Wait for retest then long to nearest swing high, with potential to stay in trade to ride further uptrend. Not shown on chart but EMA 26/50/100 are all sweeping upward and placed as support on 1H chart - potentially meaning that price will not retrace back to my entry, but we will see.
Stop loss at nearby swing low.
One hour bullish orderblock identified which is confluent with POC (red line). Wait for retest then long to nearest swing high, with potential to stay in trade to ride further uptrend. Not shown on chart but EMA 26/50/100 are all sweeping upward and placed as support on 1H chart - potentially meaning that price will not retrace back to my entry, but we will see.
Stop loss at nearby swing low.