ROSE (oasis) chart is targeting the bear FVGs on the weekly
Price is coiling for a retaking of the bear FVGs created on the way down in 2022.
This is what I think is the very likliest price action to occur.
We know ROSE respects FVGs because it reversed hard at the 50% of the FVG as denoted by (i).
The more closer bear FVG, denoted by (a), (b), and (c), will act or hold as resistance for a 3rd time.
You can even tell the bottoming / accumulation structure looks great. Higher low prior to the recent pop.
This is what I think is the very likliest price action to occur.
We know ROSE respects FVGs because it reversed hard at the 50% of the FVG as denoted by (i).
The more closer bear FVG, denoted by (a), (b), and (c), will act or hold as resistance for a 3rd time.
You can even tell the bottoming / accumulation structure looks great. Higher low prior to the recent pop.
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