US10Y - Sloppy Bearish Bias
The weekly range spans from 4.570% - 4.739% and with the weekly EQ being tagged alongside buyside getting swiped, I am scoping out for the daily order block which is near the weekly sellside @ 4.593% and the second target being the lows at 4.570%.
Some form of a pullback into the lower displacement weekly fair value gap is a projection for throughout the trading week is logical to expect, especially during volatile days where there is a lot of news releases.
Also to note, the Sep - Oct 2023 weekly liquidity void is also a area of importance, especially the consequent encroachment which already aligned with the daily order block so during the week I will update this post if bias has changed.
Some form of a pullback into the lower displacement weekly fair value gap is a projection for throughout the trading week is logical to expect, especially during volatile days where there is a lot of news releases.
Also to note, the Sep - Oct 2023 weekly liquidity void is also a area of importance, especially the consequent encroachment which already aligned with the daily order block so during the week I will update this post if bias has changed.
Trade closed: target reached
We witnessed a massive sell-off into the highest disp weekly FVG.Target met!
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.
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.