MESM analysis for Thursday, May 14
MESM has just made another fresh high near the 7500 area, so the higher-time-frame structure still looks bullish.
On the 4H chart, I can still see a downside fair value gap inside the green highlighted zone below price. For now, I do not necessarily expect a major pullback today, but that zone is still important and may become more relevant going into next week.
On the 1H chart, the key level I’m watching is 7496. If the current 1H candle can hold and close above that level, then I think the upper green zone can continue acting as an order block / support area for the bulls.
On the 15M chart, the key intraday support is 7475. If I want to stay bullish, then I do not want to see 15-minute candles closing below that level. If that happens, then I think price could pull back into the 1H and 4H fair value gap zone below.
On the upside, the next target I’m watching is 7520.
Key levels
7520 = upside target
7496 = 1H strength confirmation
7475 = must-hold intraday support
Green zone = 1H + 4H fair value gap support
So for today, my plan is:
Stay constructive while price holds 7475
Watch 7496 for strength confirmation
If bulls stay in control, watch for continuation toward 7520
If 7475 fails, watch for pullback into the FVG support zone
Not financial advice. No confirmation, no trade.
MESM2026
MESM has just made another fresh high near the 7500 area, so the higher-time-frame structure still looks bullish.
On the 4H chart, I can still see a downside fair value gap inside the green highlighted zone below price. For now, I do not necessarily expect a major pullback today, but that zone is still important and may become more relevant going into next week.
On the 1H chart, the key level I’m watching is 7496. If the current 1H candle can hold and close above that level, then I think the upper green zone can continue acting as an order block / support area for the bulls.
On the 15M chart, the key intraday support is 7475. If I want to stay bullish, then I do not want to see 15-minute candles closing below that level. If that happens, then I think price could pull back into the 1H and 4H fair value gap zone below.
On the upside, the next target I’m watching is 7520.
Key levels
7520 = upside target
7496 = 1H strength confirmation
7475 = must-hold intraday support
Green zone = 1H + 4H fair value gap support
So for today, my plan is:
Stay constructive while price holds 7475
Watch 7496 for strength confirmation
If bulls stay in control, watch for continuation toward 7520
If 7475 fails, watch for pullback into the FVG support zone
Not financial advice. No confirmation, no trade.
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Wyłączenie odpowiedzialności
Informacje i publikacje nie stanowią i nie powinny być traktowane jako porady finansowe, inwestycyjne, tradingowe ani jakiekolwiek inne rekomendacje dostarczane lub zatwierdzone przez TradingView. Więcej informacji znajduje się w Warunkach użytkowania.
