After price reached into the weekly FVG, price should rally into the Buyside Liquidity
Note
Price have started to rallyThis could be a sign that inflation will be back at higher levels sooner than later
Note
Crude oil have made 3 consecutive bullish weekly candlesticks. My predicted buyside target is about to be reached also. Considering the fact that commodities lead the Fundamental data point like CPI and PPI, Core inflation data will soon start to rally with it. The same would also be seen in interest rates. If commodities should continue to the upside, it is also most likely that the stock market won't hold much longer. Let us see what will happen in the distant futureTrade closed: target reached
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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.