The week closed with a bearish candle, which does not rule out further decline. On the weekly timeframe, there is a bullish 1W FVG zone where I am waiting for price and a reaction upwards from it. On the daily chart, I am waiting for 2 possible scenarios to deliver price to the 1W FVG: instant delivery, or via a pullback up to the 1D GAP zone, followed by further decline.
Trade closed: target reached
The idea worked, the goal was achieved!
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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.