Wednesday delivered strong bullish expansion off the Weekly Low.
Into the Asian open Thursday, price pulled back into a 4H Fair Value Gap and immediately spiked lower, filling most of the imbalance. The reaction came at the 50% level of the gap — suggesting responsive buyers are active.
The key level now is the Daily Open.
If price can:
Reclaim the Daily Open
Hold above it
And break/accept above the Asian high
Then continuation toward the Previous Daily High becomes probable.
However, we are currently trading inside a high-volume region, which can slow momentum. After a strong expansion day, Thursday often retraces before continuing.
What I’m watching:
• Acceptance above Daily Open
• London session displacement
• Higher low formation above the H4 FVG midpoint
Failure to reclaim and hold above these levels opens the door for a deeper retracement.
Bias: Conditional bullish above Daily Open.
Below it = neutral to corrective.
Let price confirm.
Into the Asian open Thursday, price pulled back into a 4H Fair Value Gap and immediately spiked lower, filling most of the imbalance. The reaction came at the 50% level of the gap — suggesting responsive buyers are active.
The key level now is the Daily Open.
If price can:
Reclaim the Daily Open
Hold above it
And break/accept above the Asian high
Then continuation toward the Previous Daily High becomes probable.
However, we are currently trading inside a high-volume region, which can slow momentum. After a strong expansion day, Thursday often retraces before continuing.
What I’m watching:
• Acceptance above Daily Open
• London session displacement
• Higher low formation above the H4 FVG midpoint
Failure to reclaim and hold above these levels opens the door for a deeper retracement.
Bias: Conditional bullish above Daily Open.
Below it = neutral to corrective.
Let price confirm.
Trade ativo
We got in at 4989.5 and riding it up from here. if we can break yesterdays high im happy and thats more than enough for the day. Publicações relacionadas
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Publicações relacionadas
Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.