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.
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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. Publikasi terkait
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Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.