The Daily is currently flagging back down to fill the IPA. It may not come up to the level i would want however it looks like a good FU candle as it as captured the liquidity from the previous high. Any feedback welcome.
Analysis on UCAD, big engulfing candle on the daily, in my opinion it will retrace up to around the 78-88% fib range and push back down. My only concern here is the daily candle high is above our fib retracement range. Lets see how this plays out
