Study Journal #2

Obertoffel
4 min readJan 17, 2023

ES, 17.01.2023

Preparation

1. The hourly chart

Price is inside the previous day range. It is likely to break this range up or down. It has respected the Orderblock created on Friday during Monday trading. The down close candle that hits the Orderblock was broken to the upside, creating a Fair value gap. This down close candle could act as a bullish Propulsion…

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