Chronic22

Chronic22

This is the after of the previous trade of 9 November 2023..... OANDA:NAS100USD

Chronic22

Taking a broader view on the 4-hour chart, we can see the formation of a bullish Fair Value Gap (FVG) that has yet to fully close. Typically, price will seek to fill this gap as it represents untapped liquidity. Zooming into the 15-minute chart, we can expect price to drop down to seek liquidity below the phantom trendline and 50% equilibrium level. This would...