NYMEX:CL1! ran major buy-side liquidity and is now retracing into an FVG. Risky setup since another key liquidity pool sits just above, making a further run likely but still a trade worth considering.
CME_MINI:ES1! swept September’s low, clearing major sell-side liquidity before starting to reverse. I’m anticipating a push through the 4H FVG, inverting it, and then a retracement into it early this week (March 17th/18th). If price holds above, we could see continuation higher, but failure to hold the FVG as support may lead to another leg lower. The Weekly...