Price creates a supply chain as a result of the last bearish impulse that broke the bullish market structure. Also, notice how price creates a fair value gap- leaving an imbalance at the last impulsive move to the downside. We now expect price to make a return into the last area of supply before the bearish impulse that broke market structure.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.