The week started with a D1 Expansion on Tue. On Thu, we see a bearish H4 impulse with consolidation seen thereafter. I believe the impulse move was to suck in seller. This is confirm late Fri when we see another bearish H4 impulse (sucking in more seller) which is follow by a reverse stronger bullish impulse that close above the consolidation. That was the nail in the coffin for the late seller. This fake out move also show a rejection of the prev structure weekly high.
Thus I believe Mon we will see perhaps a small pull back before a bullish continuation from Tue D1 Expansion
Thus I believe Mon we will see perhaps a small pull back before a bullish continuation from Tue D1 Expansion
Trade active
Trade closed manually:
Price reacted to yesterday high and came off. Decided to square off the LONG trade