The distribution phase influenced a one directional movement bearish drop which violated the order block and created a demand zone. The market portrayed an inverse hammer candlestick followed by a doji then three white soldiers candlestick pattern which hiked up to mitigate the fair value gap and made a pullback to yet another fair value gap, pushed up and failed to reach the imbalance. Price created a consolidation which led to a drop that mitigated the demand zone to give this high momentum bullish move. Going to the 4h timeframe we get the three soldiers candlestick pattern which gives us the insightful idea that the market is more likely to push upwards and trigger the significant areas above after this minor pullback…
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