As the weekly candle opened Asia failed to take out any BSL creating and SMT with Previous Day Low(PDL).
London grabbed Asia’s BSL presenting an opportunity for NY to tap into the 1HR FVG which is weekly discount zone
Unfilled orders will be filled and priced higher to weekly Sell Side Order Block at the weekly Premium zone
Expected 1HR price movement for the day.
Price just took out monthly and weekly Sell Side liquidity. Leaving a 4HR imbalance directly on a 4HR OB in discounted zone.
Price currently in Monthly Premium Zone.
ICP has created a clear monthly range on the shaded left with premium and discount clearly defined.
Price will visit the discount zone by next week but must wait till close of current weekly candle.
