The recent swing high filled all the gaps on the market from the last dump as stated on the chart.
We might see it move sideways, or retest lower because there is still imbalance below/gap that needs to be filled.
I have marked the possible reversal of the trend/or where the candles might bounce back. Switch to lower timeframes to get a better entry point.
My ideal entry point is when the market touch the Order Flow below the gap and bounce on it.
This is not a financial advice, It is not 100% guarantee, and I only share base on what I see.
Still DYOR, and TYOR ^-^! just giving you a possible next scenario in my perspective. Happy trading everyone, hope you will have a profitable year.
We might see it move sideways, or retest lower because there is still imbalance below/gap that needs to be filled.
I have marked the possible reversal of the trend/or where the candles might bounce back. Switch to lower timeframes to get a better entry point.
My ideal entry point is when the market touch the Order Flow below the gap and bounce on it.
This is not a financial advice, It is not 100% guarantee, and I only share base on what I see.
Still DYOR, and TYOR ^-^! just giving you a possible next scenario in my perspective. Happy trading everyone, hope you will have a profitable year.