Hi Friends, here is detailed weekly analysis.
Monthly
The previous month closed positive and relatively strong, with price sustaining above the monthly iFVG. The current monthly candle is also displaying strength following a downside rejection, indicating continued bullish participation. Price appears to be progressing toward the 82,822 level, which remains an important reference point.
Weekly
On the weekly timeframe, price is showing renewed strength following the previous week’s downside move. The current price structure suggests a potential move toward the recent weekly swing high, provided bullish momentum continues to sustain.
Daily
The daily structure presents a more nuanced picture. Price showed strength on Monday; however, Tuesday witnessed a sharp sell-off that swept liquidity below the recent low around the 4H FVG. Following the liquidity sweep, price entered a consolidation phase through Wednesday and Thursday.
On Friday, price expanded sharply higher, coinciding with a major news event, resulting in significant volatility and displacement.
Price is currently approaching/at a supply zone, where two scenarios become relevant: range-bound consolidation or a liquidity-driven move. A sustained breakout above the recent highs with convincing price acceptance would provide stronger confirmation of bullish continuation. Alternatively, price may first hunt nearby liquidity before establishing the next directional move.
Please do follow me if you liked the idea💡...
Disclaimer ⚠️: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) and check with your financial advisor before making any trading decisions. 📚💰
Monthly
The previous month closed positive and relatively strong, with price sustaining above the monthly iFVG. The current monthly candle is also displaying strength following a downside rejection, indicating continued bullish participation. Price appears to be progressing toward the 82,822 level, which remains an important reference point.
Weekly
On the weekly timeframe, price is showing renewed strength following the previous week’s downside move. The current price structure suggests a potential move toward the recent weekly swing high, provided bullish momentum continues to sustain.
Daily
The daily structure presents a more nuanced picture. Price showed strength on Monday; however, Tuesday witnessed a sharp sell-off that swept liquidity below the recent low around the 4H FVG. Following the liquidity sweep, price entered a consolidation phase through Wednesday and Thursday.
On Friday, price expanded sharply higher, coinciding with a major news event, resulting in significant volatility and displacement.
Price is currently approaching/at a supply zone, where two scenarios become relevant: range-bound consolidation or a liquidity-driven move. A sustained breakout above the recent highs with convincing price acceptance would provide stronger confirmation of bullish continuation. Alternatively, price may first hunt nearby liquidity before establishing the next directional move.
Please do follow me if you liked the idea💡...
Disclaimer ⚠️: This analysis is for educational purposes only and does not constitute investment advice. Please do your own research (DYOR) and check with your financial advisor before making any trading decisions. 📚💰
HareeyMarketMantraah | Trade the Logic
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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.
HareeyMarketMantraah | Trade the Logic
Follow me-
Telegram - t.me/+4t68EEMUtewxMGVl
Telegram (Swing) - t.me/+D_YKHol268BiYTA1 (complete execution model)
You Tube - youtube.com/@HareeyMarketMantraah (Detailed walkthrough)
Follow me-
Telegram - t.me/+4t68EEMUtewxMGVl
Telegram (Swing) - t.me/+D_YKHol268BiYTA1 (complete execution model)
You Tube - youtube.com/@HareeyMarketMantraah (Detailed walkthrough)
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.