Okay so my first target is the daily swing low. As we have created a new weekly fair value gap, price made a run for it but if you zoom in, it never touched... neither the weekly fvg nor the daily ob. Kinda suspicious for me, because I see yummmy liquidity inside the fvg. It could be a nice target for price. But! we are currenty respecting a 4h fvg, which is not a sign for any kind of bullishness. I've got a couple things on my mind...
Both sides have arguments. The first half of next week will show where the tables are turning. If the signs are more bullish, than we will possibly take out the equal highs or just mitigate the daily ob. Than head to the downside. If we still respect the 4h fvg, and close below the outher, lower fvg, than the target is clear. ok be safe byyyy
Both sides have arguments. The first half of next week will show where the tables are turning. If the signs are more bullish, than we will possibly take out the equal highs or just mitigate the daily ob. Than head to the downside. If we still respect the 4h fvg, and close below the outher, lower fvg, than the target is clear. ok be safe byyyy