A clear bullish market structure driven by an aggressive upward displacement.
This energetic move to the upside has created several price inefficiencies, or gaps, which are areas where price delivery was one sided.
Currently, price is consolidating in a premium range, above the equilibrium of the recent impulse leg.
The logical draw on liquidity, or the ultimate target for this bullish momentum, is the distinct old high labeled as the "d cisd level" (Daily change in the state of delivery).
The market is likely reaching for this level to clear out any resting buy side orders.
Before reaching that ultimate target, a retracement is a high probability event.
Price may pull back to rebalance the inefficiency at the "4h cisd level", which should now act as a significant support area.
This would represent a move back into a relative discount, offering a more favorable entry for buyers aiming for the highs.
Should this level fail, a deeper retracement into the larger green zone labeled "OTE" would signify an optimal entry point within the overall bullish leg.
The narrative remains bullish as long as these key lower levels of support are respected.
The alternative path would likely have led to chasing price in a premium, resulting in a poor risk to reward entry.
NAS100
NQ1!
MNQ1!
This energetic move to the upside has created several price inefficiencies, or gaps, which are areas where price delivery was one sided.
Currently, price is consolidating in a premium range, above the equilibrium of the recent impulse leg.
The logical draw on liquidity, or the ultimate target for this bullish momentum, is the distinct old high labeled as the "d cisd level" (Daily change in the state of delivery).
The market is likely reaching for this level to clear out any resting buy side orders.
Before reaching that ultimate target, a retracement is a high probability event.
Price may pull back to rebalance the inefficiency at the "4h cisd level", which should now act as a significant support area.
This would represent a move back into a relative discount, offering a more favorable entry for buyers aiming for the highs.
Should this level fail, a deeper retracement into the larger green zone labeled "OTE" would signify an optimal entry point within the overall bullish leg.
The narrative remains bullish as long as these key lower levels of support are respected.
The alternative path would likely have led to chasing price in a premium, resulting in a poor risk to reward entry.
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Telegram: t.me/tradeconfirmed
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。