Bias: Bullish🐂
🔹Expecting continuation higher towards PWH and monthly FVG
Why?
🔹Closure above previous weeks high
🔹Formation of bullish arrays with disrespect of bearish arrays
Thread🧵
Daily:
🔹Finally showing willingness to expand higher off the daily IRL (FVG)
🔹Daily candle closure above consolidation range
🔹Looking for expansion higher this week
🔹Once the monthly FVG is reached... I am on watch for lower prices.
🔹Look for daily and 4h FVGs created lower
4h:
🔹I expect this FVG+BB to hold and send price higher towards monthly FVG
🔹Once price arrives at the monthly FVG... I will look for 4h FVGs displacing lower
-Fridays candle printed a doji (aka: indecisive candle)
-We have a daily FVG we are working against currently
-I have a bearish bias but I cannot just ignore this gap.
-If you see the 4h chart below you will find that we did get the 4h confirmation with that 4h displacement/FVG... I will not take a short entry based on that though...
-Im looking for a little more confirmation price wants wants to disrespect this daily FVG.
-Daily is 50/50 as of now
-Therefore im looking for yet another 4h FVG lower
4H:
-4h FVG displacing away from the weekly level indicates sell program likely underway
-Bc of the daily FVG, I am demanding another 4h FVG displacing lower before looking for entries