Hourly (Market Profile) - marked zone where i would look for entry
Daily (Price Action) - Strong Short, until we close above black line.
Daily (Price Action) - strong long. Until we close below blacj line we are in long context
Hourly (Market Profile) - marked zone where i would look for entry
Hourly (Market Profile) - marked zone where i would look for entry
Daily (Price Action) - Strong long, until we close below black line.
Daily (Price Action) - Strong long, until we close below black line.
Hourly (Market Profile) - marked zone for potential possition.
1D (daily) timeframe: We continue to remain in a clearly defined long context without any corrective movements, covering all high-liquidity zones (FVG). The main target is higher and will be reached after a rebalancing move downwards.
The 1W (weekly) timeframe continues to remain in a long context. The main target has not yet been reached. Most likely, the upcoming week will be in a correction phase, after which the target will be achieved.
1D - On the daily timeframe, a large FVG (Fair Value Gap) has formed, and it will take at least another week to work through it. Simply put, we are in an MS Range, where the price is likely to react from the boundaries and eventually move higher. The scenario would be invalidated if the price consolidates below 1.076.
1W - On the weekly timeframe, we saw a strong reaction and were unable to hold the level after reaching the local target. I also marked the point on the chart where the trend shifted to a bearish one.
On the weekly timeframe, there have been no significant updates. After the context changed to bullish at the beginning of July, we experienced a corrective move aimed at filling the FVG below. On Friday, the price was able to recover. The targets remain the same as I marked on the chart.
1D - On the daily timeframe, we are also in a bullish context similar to the weekly timeframe. Starting from Friday, it's evident that the large FVG will need to be filled by the price eventually. I anticipate this to happen in the first half of the following week, followed by a continuation of the bullish movement.
1h - The hourly timeframe is in a short trend with a clearly defined order flow. I expect a liquidity sweep below, followed by a reversal movement.
The daily timeframe remains in a long context. The main target has not yet been reached. Below, an FVG (Fair Value Gap) has formed, from which we are likely to see a reaction aiming higher, as outlined in the plan.
Significant change on the weekly timeframe: after taking out the fractal liquidity, the price had a strong reaction, which led to a change in the weekly timeframe context. The main targets are indicated on the chart.