Price has traded through the swing swing high, and pulled back into the +FVG.
This FVG has a couple of confluences that support higher prices, including a Breakaway Gap, a Balanced Price Range, and an overlapping Weekly +FVG.
I believe the +FVG will hold, and push price higher.
Should the +FVG fail, the Swing Low will become the draw on liquidity.
This FVG has a couple of confluences that support higher prices, including a Breakaway Gap, a Balanced Price Range, and an overlapping Weekly +FVG.
I believe the +FVG will hold, and push price higher.
Should the +FVG fail, the Swing Low will become the draw on liquidity.
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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.