Firstly I would like you to put your focus on the greenish rectangle which in this case represents the daily fair value gap(SIBI), for the past 2 days price has failed to close above the midpoint of the daily SIBI indicating that price is setting up to deliver price lower as confluence the Dxy as provided a break higher, now moving to our hourly chart we can see a bigger candle with a massive wick(gap) lower.
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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.