Fake out to shake out, POC test
Wouldn't surprise me to see this run of liquidity to gap-fill below and test the local Point of Control (POC), before rocketing up to test the VAH (value area high), also filling another gap...
If bullish momentum continues, expecting a run to fill the last local gap in the 34-35k region.
Ultimate target for the "Echo Bubble" of 23 would be around 48k..
If bullish momentum continues, expecting a run to fill the last local gap in the 34-35k region.
Ultimate target for the "Echo Bubble" of 23 would be around 48k..
Note
Dump towards gap in progress..Note
Reversing back to upside as predicted.. expecting 25k->28k to fill pretty soonNote
The more I analyze things, I would expect a hard time getting 35k region and looking to de-risk. Anything higher this year seems like gravy, and possible given the current background of bank failures, but less likely.Trade active
Following plan so far..
*Not Financial Advice*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
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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.
*Not Financial Advice*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
Related publications
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.