4H Narrative
4H BISI (Orange Box) should act as a break-away gap and not be hit.
I want to see expansion higher and draw towards Monday's high, expand through that high, then target Friday's REH's and Daily SIBI.
I would prefer to see a fake drop to take out London Session's Low, or Asian Session, it can go all the way down to take out Monday's PM Session Low. A fake drop will either happen during London session or during the AM session, afterwards it's permitted to expand to the DOL.
I want to see expansion higher and draw towards Monday's high, expand through that high, then target Friday's REH's and Daily SIBI.
I would prefer to see a fake drop to take out London Session's Low, or Asian Session, it can go all the way down to take out Monday's PM Session Low. A fake drop will either happen during London session or during the AM session, afterwards it's permitted to expand to the DOL.
Note
the 4H BISI can be hit, preferably it shouldn't. If it does get hit, it would need not have candle closure below the 4H BISI low.
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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.