Monthly : Monthly CRT (bearish) in progress. ERL -> IRL. Mostly likely IRL would be the monthly volume imbalance co-inciding with the 50% (2487.1) of the previous monthly candle. Overall monthly PA is still bullish. Hence multiple confirmations needed for bearish scenario. Weekly : last week completed the ERL-> IRL on weekly reaching the weekly fvg...
Monthly : CRT in play on monthly also aligning with IRL-> ERL bringing ATH in play this week. Weekly : CRT continuation (weekly FVG (IRL) -> ATH (ERL) last week dipped in weekly FVG before moving up. Expect the 50% of the weekly wick to support the price until buyside is taken. Daily : Daily CRT was completed last week. Most likely we retrace to 5641...
GC1! on monthly closed within the Jul range setting up the premise for a CRT on monthly (see the fib levels for CRT in the monthly fib) On weekly we have another CRT candidate with prev week's low acting as DOL for the week of September 4-7. Not much on daily and we need confirmation on 4h for the unicorn setup. Basically anticipation for GC1! to provide an...