Weekly
Last week's candle closed above the previous week's high reaching to a new high signaling a very strong bullish sentiment. In spite of price retreating over 1% from its peak showing possible profit taking, I still see a possible test of its peak. If there's any correction I see a possible target of 2982 lvl (fair value gap)
Daily
Daily candle looks bearish (correctiion) I have a feeling it will mitigate the daily Fvg nestled within the weekly fair value gap.
Let me know your thoughs. I will update this post within the notes below.
Note
ANOTHER FAILED TRADE ON THIS. Disclaimer
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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.