Fake out to shake out, POC test
Updated
Wouldn't surprise me to see this run of liquidity to gap-fill below and test the local Point of Control (POC), before rocketing up to test the VAH (value area high), also filling another gap...
If bullish momentum continues, expecting a run to fill the last local gap in the 34-35k region.
Ultimate target for the "Echo Bubble" of 23 would be around 48k..
If bullish momentum continues, expecting a run to fill the last local gap in the 34-35k region.
Ultimate target for the "Echo Bubble" of 23 would be around 48k..
Note
Dump towards gap in progress..Note
Reversing back to upside as predicted.. expecting 25k->28k to fill pretty soonNote
The more I analyze things, I would expect a hard time getting 35k region and looking to de-risk. Anything higher this year seems like gravy, and possible given the current background of bank failures, but less likely.Trade active
Following plan so far..
*Not Financial Advice*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
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