The ATH is my weekly DOL, and the price has reached the IRL daily IFVG. The price also closed above the previous daily candle, so I anticipate that it will reach PDH. However, I am waiting for the LDN session for confirmation.
On the Weekly TF, I want to see the 75% of the weekly wick and 50% of the daily wick act as resistance. Since the weekly DOL is the ATH, I anticipate manipulation before price hits the ATH, possibly retracing back to the D BISI nested within the daily BKR. My plan is to position myself within the weekly wick for the best setup.
On the Weekly TF, I want to see the 75% of the weekly wick and 50% of the daily wick act as resistance. Since the weekly DOL is the ATH, I anticipate manipulation before price hits the ATH, possibly retracing back to the D BISI nested within the daily BKR. My plan is to position myself within the weekly wick for the best setup.
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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.