10.23.24 4hr chart observations.
Price consolidating after big move up (day 7 of consolidation). Market waiting on direction. If bullish, range up to 20,580 area to close large fvg, and then test all time high above. If bearish, 200 ema needs to be tested eventually at 20,090 area. 200 ema has been increasing by a steady 30'ish points per day.
Price consolidating after big move up (day 7 of consolidation). Market waiting on direction. If bullish, range up to 20,580 area to close large fvg, and then test all time high above. If bearish, 200 ema needs to be tested eventually at 20,090 area. 200 ema has been increasing by a steady 30'ish points per day.
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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.