DISCOUNT ARRAY
Price bounced and respected an internal low after an impressive Breakaway candle that painted a nice WEEKLY FVG. Price seems to have found support and may possibly go higher. A gentle Sweep of the low that failed to create new WEEKLY FVG and instead became the new DISCOUNT ARRAY may indicate a possible liquidity grab to push the price higher.
Target: Premium.
đźš© Invalidation: You will need to manage your weekly trades on lower time-frames. No guarantees.
Price bounced and respected an internal low after an impressive Breakaway candle that painted a nice WEEKLY FVG. Price seems to have found support and may possibly go higher. A gentle Sweep of the low that failed to create new WEEKLY FVG and instead became the new DISCOUNT ARRAY may indicate a possible liquidity grab to push the price higher.
Target: Premium.
đźš© Invalidation: You will need to manage your weekly trades on lower time-frames. No guarantees.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.