Price has moved out of Friday's consolidation with a short distribution, Currently happening (Judas swing) ,before actualization of true weekly trend which is Possibly Bullish...Price might likely sweep the buy stops resting on PWL then Conform to its true trend .price is currently in deep discount level for smart money.
We're likely to see a consolidation on yesterday's low so as to gather accumulation of orders then a short bearish distribution (judas swing) then a clear Impulsive reversal swing (bullish) on the sellstops marked (X).
Price might probably consolidate on Yesterday's low which might be our weekly low so as to gather accumulation of orders then later in the day we might see a possible short bearish distribution( Judas swing ) then redistribution which will be a bullish swing.
Price just cleared a short term higher high on a significant market level on the smaller timeframes,M15 & M5. Market then further showed IPDA price movement: consolidation ,distribution ,SM reversal then discount level for a short term buy