Daily: Price may fill in Gap before pushing higher
Price is currently already in a premium, since its the opening of the week, Monday, I will look out for price to drop to Daily gap, if it continues will be to Previous weeks high where the weekly fair value gap is.
And if it pushes down further ill be expecting to the Daily bullish FVG, which is right above the equilibrium price-point.
I am not expecting price to drop lower than this area if my bias is still bullish.
But if it does break beneath, I can look at it taking out the swing lows and create lower lows.
And if it pushes down further ill be expecting to the Daily bullish FVG, which is right above the equilibrium price-point.
I am not expecting price to drop lower than this area if my bias is still bullish.
But if it does break beneath, I can look at it taking out the swing lows and create lower lows.
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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.