Today's IB pushed price up near the (fair price) of previous session with next candle able to test but closed off of it.
Thick purple line is from . It is the VAL (value area low) from Q4CY17 and could act as resistance
Possible Market Types:
IB: 0.73 and opened in the with minor gap. A pullback into the IBL (initial balance low) with support and then retest of IBH and/or previous session could be a selling opportunity. If day turns into an 'Extended Typical day', then expecting wide swings but not sure if it would take out yesterday's low. One important note on yesterday's low is that it looks like it's support was provided by a from Q1CY17.