As the weekly iFVG becomes the support now, so the price will likely wants to take out the Daily FVG upside, So on Monday the price could be down side a for the W-iFVG upper band. then it will move towards to take the daily FVG upside. Weekly Bias: Bulish Monday: Bearish/ Consolidate. Tuesday: Consolidate Wednesday: Bulish Thurseday: Bulish
As the Euro took out the weekly BSL on the last week, & the DXY has not been taken out the SSL till now and consolidating, So there will likely 2 scenarios for the upcoming week. 1. As we didn't get any h12 closing above the weekly BSL so now price will likely to be neutral or consolidate until Dxy takes its final weekly SSL then the price will be bearish. 2....
As the price has been taken weekly BSL & W-FVG last week & closed above the old W-BSL-15946.2. There has been an untouched w-BSL-16134.3. Weekly Bias is bulish. On Monday the price could go towards the down side to take the D-SSL, after than it could go towards upward to take the D&W BSL in the rest of the day. Weekly Bias: Bulish, Monday: Bearish Tuesday:...
As the price has been closed above the Weekly Breaker block, & there is weekly BSL-4606.6 level which have to been taken, so the weekly bias is bulish. Based on that on Monday & Tuesday the price could go down wards towards the D-FVG-C.E. Or if there is too much volatility then the Daily Sale side Liquidity, then it will move towards to the weekly Buyside...