This is the Weekly BIAS for this week on
ESZ2023

Price closed below the previous week’s low (PWL).
**→ Price is likely going to close below last week’s low.**
Where is price headed? We know that price is drawn to 1 of 2 things:
-Buy/Sell Stops (old highs or lows)
-Imbalances (FVGs)
**There are some old Weekly lows below, so we know that price is likely headed towards those old lows.**
Price closed below the previous week’s low (PWL).
**→ Price is likely going to close below last week’s low.**
Where is price headed? We know that price is drawn to 1 of 2 things:
-Buy/Sell Stops (old highs or lows)
-Imbalances (FVGs)
**There are some old Weekly lows below, so we know that price is likely headed towards those old lows.**
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.
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.