2025 Feb W1 Outlook
Narrative:
On Higher Timeframes, price retraced to a 1D supply zone and broke the trend (red line) so we are long-term bearish. During the move that broke the trend, market hit the demand zone with a massive gap at the start of the week. We can therefore trade retracements while we wait for the supply zone (blue box) to be hit. Anticipating that blue supply zone to push the market to new lows.
Bias & Key Levels:
- Short term bullish towards the blue supply zone
- Long term bearish from the blue supply zone
- Willing to trade the gray supply & demand according to the arrow shown
Additional Notes:
Anticipating this pattern of expanding market to induce enough liquidity to generate enough liquidity to sell at the blue supply zone to break the low.
On Higher Timeframes, price retraced to a 1D supply zone and broke the trend (red line) so we are long-term bearish. During the move that broke the trend, market hit the demand zone with a massive gap at the start of the week. We can therefore trade retracements while we wait for the supply zone (blue box) to be hit. Anticipating that blue supply zone to push the market to new lows.
Bias & Key Levels:
- Short term bullish towards the blue supply zone
- Long term bearish from the blue supply zone
- Willing to trade the gray supply & demand according to the arrow shown
Additional Notes:
Anticipating this pattern of expanding market to induce enough liquidity to generate enough liquidity to sell at the blue supply zone to break the low.
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.
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.