We are in the 8th green week in a row. Price up on all timeframes. This week was the first time we opened close to the weekly pivot and dropped below for a few hours. However it quickly recovered above and is now past WR1 again. We are above the yearly and monthly pivot. Until the markets open or drop below the WP and hold there, there is no reason to be short.
Volume profile has a positive skew and is building value higher. Currently sat near POC, look for it to continue quickly to the next node at 26000 if it isn't rejected here.
Volume profile has a positive skew and is building value higher. Currently sat near POC, look for it to continue quickly to the next node at 26000 if it isn't rejected here.
