Price pushed bullish after filling ~50% of the prior H4 Fair Value Gap and has now created a new H4 FVG just below. We also closed the day above yesterday’s high (3,394.1), showing strength.
📌 My Bias:
I’m looking for a pullback into the new H4 FVG (around 3,377–3,382) for potential continuation higher. This zone also lines up with the edge of value on the volume profile.
📌 Key Levels:
Daily High (D-H): 3,394.1
Weekly Low (W-L): 3,375.9
Daily Low (D-L): 3,353.3
📌 What I’m Watching:
✅ Acceptance above D-H = bullish continuation.
⚠️ Rejection back below D-H could signal a trap and return into prior value.
Will look for lower timeframe confirmation at the H4 FVG edge before considering longs.
Question for the community:
Do you see continuation higher from here, or are we at risk of a failed breakout?
📌 My Bias:
I’m looking for a pullback into the new H4 FVG (around 3,377–3,382) for potential continuation higher. This zone also lines up with the edge of value on the volume profile.
📌 Key Levels:
Daily High (D-H): 3,394.1
Weekly Low (W-L): 3,375.9
Daily Low (D-L): 3,353.3
📌 What I’m Watching:
✅ Acceptance above D-H = bullish continuation.
⚠️ Rejection back below D-H could signal a trap and return into prior value.
Will look for lower timeframe confirmation at the H4 FVG edge before considering longs.
Question for the community:
Do you see continuation higher from here, or are we at risk of a failed breakout?
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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.
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.