This is a theory. I believe price on the weekly is clearly over extended. With the NFP incoming, it may seek to fall from here especially with a clear setup occurring on the W TF. I believe price to be bearish at this point, having interacted on the weekly POI - Please look at the charting before making any decisions, and let me know what you think of it.
N.B.: This is not financial advice. Trade safely and with caution.
N.B.: This is not financial advice. Trade safely and with caution.
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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.