Hello everyone and welcome to the weekly TOP-DOWN analysis.
The week was not the most active in terms of position accumulation, but at the same time, it was quite informative.
1D - The daily timeframe continues to be in a short context. The first problematic zone was completely covered, but we did not receive the expected reaction and continued the long movement, overlapping the FVG. The main problematic zone is the FVG formed on April 10 during the news. I believe that after partially overlapping it, we will continue the short movement towards the lower targets.
The week was not the most active in terms of position accumulation, but at the same time, it was quite informative.
1D - The daily timeframe continues to be in a short context. The first problematic zone was completely covered, but we did not receive the expected reaction and continued the long movement, overlapping the FVG. The main problematic zone is the FVG formed on April 10 during the news. I believe that after partially overlapping it, we will continue the short movement towards the lower targets.