GA thesis
Last weeks candle closed as a bullish hammer after rejection off 1.9250 weekly order block signalling bulls could push GA a lot higher to 1.9700.
Trend on the daily looks to be bullish with a series of higher lows being formed. Thursday candle closed as a bullish engulfing after bounce off 1.9340 order block. Next possible target is 1.9700 daily order block.
For entry there was a nice impulse to the upside breaking above 1.9485 30min order block. I am now expecting the order block to be retest for another possible impulsive move to the intended target level.
Order cancelled
Price left without an entry
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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.