US 100 Cash CFD
Long

what do you think is it bullish or bearish? in 1M

89
Trade Idea

I am currently bullish on the 1-minute timeframe.

The main reason is that the daily timeframe is trading within a range, and price is currently positioned near the discount area of that range. From this perspective, there is room for price to move higher.

On the lower timeframe, I entered a long position after the 15-minute market structure shifted to the upside. Price then moved into a candle imbalance, and I expect that imbalance to act as a launch point for further bullish continuation.

As long as the higher-timeframe context remains unchanged, I will continue to favor long opportunities over shorts.

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.