Here's what SMC tell us: after a slight dipping to the DP.i (58550) point of interest (POI) then we ready to see a confirmation signal to buy the dip. that confirmation would be 1. SCOB: Single Candle OrderBlock 2. Lower Time Frame (5mins) ChoCh: (ChoCh: Change of Character)
Without a confirmation entry, we are not allowed to execute buy position, and then we have to be patient for price to get to a lower important level, such as Minor High Liquidity Low (57220) or Minor Extreme POI (56025).
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