I anticipate some upside before the 8.30 and initial decline around 8.30. There are some important news that is why the initial decline can make more to the downside than is shown on the chart. Even the new lows of the day are possible. => next is the move to the new highs of the day, I would like to see new weekly high as an ideal target.
Note
Price action is making into the new highs. The reversal to the downside is close by time. The reversal should be soon or this will be another one way upside day.Note
ANother leg down is about to startNote
New lows of the day is the target
Note
There is a bullish bias. Old targets ate to be reached. I would like to see retracement down before another portion of the upside move.
Interesting if LHS will bring the corrective retracement before PMS bullish displacement
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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.