We observed the market tapping into a key 15-minute order block, indicating potential buying or selling pressure. Additionally, price action has recently rejected from a 5-minute Fair Value Gap (FVG), further confirming our setup. This presents a compelling opportunity for a reversal trade. Look for confirmation signals such as bullish/bearish candlestick patterns or volume spikes to enter a position. Keep an eye on stop-loss levels just beyond the order block or FVG for effective risk management.
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