#ILV_USDT
Time Frame - 1D
1. Market Structure Analysis:
Currently, in the daily time frame, the market has broken a significant structure and is preparing for a bullish movement from a Daily QM (Quasimodo) level. This indicates that the price is showing potential for an upward movement based on technical analysis.
2. Ideal Buy Zone:
If you're planning to take a buy opportunity, the best area I see is around 34.004, which aligns with the 4-hour demand zone. This area represents a strong support level where buyers are likely to step in.
3. Retracement Expectation:
I expect the market to make a notable retracement toward this demand zone before continuing its upward momentum. Waiting for this pullback increases the chances of entering the trade at a favorable price.
4. Your Approach:
You can monitor the market and use your own confirmations to enter the trade. When the price reaches the mentioned Buy Area, it may provide a strong buy opportunity.