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..
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Dump towards gap in progress..
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Reversing back to upside as predicted.. expecting 25k->28k to fill pretty soon
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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.
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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*
