I'll just be brief with the description as the chart is easy to comprehend. We witness a sudden spike in price reversing the previous downtrend (but are the bears done? Lol that's a topic for another day). We will just seek to trade while the trend last. In this chart I have defined good trade areas, we will look to trade IRL to IRL.
While the market structure was being shifted, a level of imbalance was created, and we're seeking the market to correct and fill this imbalance before it decide where to trade next. The imbalance lies within our discount level which is a good buy, and different levels are being pointed out in the chart. You can decide to trade at my entry level or buy at the IOFED level (which is perhaps most appropriate lol).
LEAVE A FOLLOW!