📊 Current Market Behavior:
Price is retracing back toward the OB and FVG zone after a bullish move.
A small pullback is expected (as shown by the downward leg of the arrow) to mitigate the OB/FVG.
After mitigation, a strong bullish continuation is anticipated.
⚠️ Watch For:
Bullish confirmation inside OB (e.g., bullish engulfing, strong rejection wicks)
Reaction volume and candle strength during the London or NY session
Failure to hold OB may lead to price revisiting 2.04206
Price is retracing back toward the OB and FVG zone after a bullish move.
A small pullback is expected (as shown by the downward leg of the arrow) to mitigate the OB/FVG.
After mitigation, a strong bullish continuation is anticipated.
⚠️ Watch For:
Bullish confirmation inside OB (e.g., bullish engulfing, strong rejection wicks)
Reaction volume and candle strength during the London or NY session
Failure to hold OB may lead to price revisiting 2.04206
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.