$ONDO
On higher timeframes (4h, 1h), the global uptrend is dominant following a breakout through the resistance levels and the formation of a BOS structure with updated highs (HH).
On the lower timeframe (15m), after a test of the premium-price zone, a local correction is observed.
Trading setup:
Entry Zone: 0,3960 – 0,4030 (accumulation of a long position in the local hourly Order Block / FVG zone on the pullback to the impulse).
TP: 0,4180 / 0,4250 (liquidity is taken at local highs and the global uptrend on higher timeframes continues).
SL: 0,3910 (set the stop-loss below the key support level and the structure-break boundary; a break of this level will invalidate the bullish scenario).
On higher timeframes (4h, 1h), the global uptrend is dominant following a breakout through the resistance levels and the formation of a BOS structure with updated highs (HH).
On the lower timeframe (15m), after a test of the premium-price zone, a local correction is observed.
Trading setup:
Entry Zone: 0,3960 – 0,4030 (accumulation of a long position in the local hourly Order Block / FVG zone on the pullback to the impulse).
TP: 0,4180 / 0,4250 (liquidity is taken at local highs and the global uptrend on higher timeframes continues).
SL: 0,3910 (set the stop-loss below the key support level and the structure-break boundary; a break of this level will invalidate the bullish scenario).