Consolidation on the DOW
Price is overall on a consolidation phase, but we're still bearish from an intraday perspective, however in discount from a HTF perspective of bullish structure.
Granted we're at a significant weekly demand level that we can definitely see higher prices short term from here.
Ideally we'd want a bearish move to sweep sell side liquidity, then push bullish to target buyside liquidity in line with the bullish HTF bias.
Granted we're at a significant weekly demand level that we can definitely see higher prices short term from here.
Ideally we'd want a bearish move to sweep sell side liquidity, then push bullish to target buyside liquidity in line with the bullish HTF bias.
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.