Weekly trend is still up, but fvgs formed on the way down, showing bearish intent
Price swept the 2 april lows' liquidity and then moved back up strongly on 5 aug week, creating a weekly bisi in the process, which is a bullish sign. Now bulls want to see the weekly fvg hold but currently it looks like its not holding. I will remain bullish only if this week's candle closed with lower wick to respect the bisi. Which means nfp has to push price up by a lot, if not, more downside to come
Price swept the 2 april lows' liquidity and then moved back up strongly on 5 aug week, creating a weekly bisi in the process, which is a bullish sign. Now bulls want to see the weekly fvg hold but currently it looks like its not holding. I will remain bullish only if this week's candle closed with lower wick to respect the bisi. Which means nfp has to push price up by a lot, if not, more downside to come
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.