Daily TF shows 2 weeks of consolidation supported by a Daily +FVG. Friday finally saw a "BO" as price traded through the swing high with a close above it. Note that price is now inside the a Daily -FVG. Potential for a bearish reaction? Yes. However, I believe it will be short term if anything. The 4H gives more detail. One can see bullish structure in place that will support a move higher, potentially to to test 80.21.
Thank you for viewing! Leave any questions or comments in the comment section. I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis. Thank you so much!
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.