$ETH

1.First, we have structured the confirmed increase and the price has retraced to the OB area where we placed the LONG order in the previous update.

2. The price has swept the previous liquidity and has risen sharply.

3. In an impulsive move, we see liquidity on both the buy and sell sides waiting to be processed. This urges that just a move in either direction will lead to a reversal.

5. Identifying potential OB and FVG blocks here can participate in Scalp trading, with the target being area number 8 and SL being the candle closing below OB.

6. This is a potential area for a long-term Swing setup; what is here? A lot of important things: OTE, Fib 0.62-0.72, FVG, and OB below. Very good.

The weakness is that the SL is too far, so using high leverage will ruin this setup.

Therefore, my advice is to participate with very low leverage. The target will be RR: 1:3, very good.

https://www.tradingview.com/x/IpOA3eC8/