Based on the current market conditions, it is anticipated that there will be a positive opening and the market will focus on achieving daily and weekly liquidity targets. There is a possibility of a temporary retracement to the 19673-19623 level before eventually moving up to fill the weekly FVG. However, if the market fails to close above 18767 and shows a downside Choch, then it may potentially test 19552-19501.
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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.