ETH Retracement Before Upside Continuation

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Key Price Action Highlights of Previous Day

  • Asian Range Implementation of price respecting a Price Array of Value at 50% of the range.
    NY closes as a pullback respecting Price Array of Value at about 50% of the impulse move of previous day’s price action.
    Overlap of London and NY Session starts the expansion move upside.
    Continuous bullish price action for the rest of the NY Session, showing no signs of taking out any external liquidity.
    Price continued to display intent to take out external buy side liquidity.
    Price pumped 11%+ reaching a Price Array of Value – High Timeframe GAP.
    Price then made a pullback towards a gap at about 50% of the day’s entire impulse move ending the New York Session.


Please be advised that these are Intraday trade setups, and further evaluation need be considered if you wish to hold a position for more than a day's session.

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