This is my outlook for the week. Current price action is extremely bullish and judging from the fundamentals and tariff news it might stay this way for some time.
On the technical side we are reacting from a monthly and weekly bearish order block but without a bearish BOS on the 4h, which also aligns with a bearish change of character on the weekly, I will still be long biased.
I am going to be looking for lower time confirmation to continue bullish. If there is a 4H internal shift I will wait for bullish internal shift but if we do not get that I will still trade accordingly.
On the technical side we are reacting from a monthly and weekly bearish order block but without a bearish BOS on the 4h, which also aligns with a bearish change of character on the weekly, I will still be long biased.
I am going to be looking for lower time confirmation to continue bullish. If there is a 4H internal shift I will wait for bullish internal shift but if we do not get that I will still trade accordingly.
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Disclaimer
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.