No changes from my previous analysis. Price has been playing exactly what I analyzed over the past few weeks. Nothing much has changed in terms of my analysis. Price is now consolidating at this level. The price bounced off nicely from the bullish POI at 34.53 and has taken out some of the buy-side liquidity as expected. The final target for this up move could be to fill the fair value gap at 42.00 before we go lower. We could also continue lower from here now.
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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.