I believe what we're seeing right now is simply the market printing the “open low” of the yearly candle. The recent dip seems driven by short-term fear surrounding the new tariffs, but in my view, this is just noise. Long-term, this sets up a bullish scenario.
Businesses won’t adjust overnight—it takes time to shift operations away from high-tariff regions. But as that transition unfolds, we’ll likely see improved margins and stronger fundamentals emerge.
From a technical standpoint, I’m watching for a key reversal after price revisits the order block. If we get that reaction, it could mark the beginning of a broader move higher. This looks like manipulation, not distribution.
OLHC
- Gavin
NFA, DYOR
Businesses won’t adjust overnight—it takes time to shift operations away from high-tariff regions. But as that transition unfolds, we’ll likely see improved margins and stronger fundamentals emerge.
From a technical standpoint, I’m watching for a key reversal after price revisits the order block. If we get that reaction, it could mark the beginning of a broader move higher. This looks like manipulation, not distribution.
OLHC
- Gavin
NFA, DYOR
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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.