Bias is Bearish.
Price is still in a -FVG, though
it has almost filled it. But
until there is a candle close
on a daily basis, my bias will
remain bearish.
My view is the 5 days of
bullish PA is simply just
a retracement... an internal
move after a BOS.
The low resistance liquidity
run below the previous lows
can potentially draw price
lower.
There is a fair chance that
today's high will be swept
before it turns around.
Price is still in a -FVG, though
it has almost filled it. But
until there is a candle close
on a daily basis, my bias will
remain bearish.
My view is the 5 days of
bullish PA is simply just
a retracement... an internal
move after a BOS.
The low resistance liquidity
run below the previous lows
can potentially draw price
lower.
There is a fair chance that
today's high will be swept
before it turns around.
Note
We'll see how NY Session goes.
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Related publications
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.