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Ifvg_consequent_encroachment

EURUSD BUY TO MITIGATE WKLY IFVG & ULTIMATELY SELL TO MNTHLY FVGOn weekly tf we can clearly spot an inverse FVG which price will likely mitigate before going back down to fill monthly FVG. Considering the bullish trend as come to an end for EU looking at MNTLY TF, a clear shift in market structure will ultimately lead to a small retracement into fair value price or premium as price is currently at discount price. Dropping down to 4HR Tf we can see that there’s a 4HR bullish IFVG as well which will serve as a point of entry for price to go straight to weekly bearish IFVG and ultimately shooting back down to fill monthly FVG.
by Houdini4k

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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