MaxMaserati

MaxMaserati

We have liquidity a daily sweep and price have been failing to close above the high. We are in a bullish market, however for price to keep going up, it needs some fuels. So this week and the first weeks of December we might experience a bearish retracement for price to reach the ultimate buyside liquidity before the end of the year.

MaxMaserati

Monthly, weekly, and the Daily biases are bullish. However, the daily bias need to close above one the last two weekly candles to confirm bullishness. Today, i expect price to take the weekly liquidities and then close above one of the candles.

MaxMaserati

The PA is coming from a weekly FVG, we do not have anything on the upside to rebalance the price lower. However, the only option left is to take the liquidities sitting above.