Price did not play out as expected and rallied +3.82% from my last analysis. I was expecting a bearish retracement into the bullish order block at 460.50 or 418.84. However, right now price is showing bearish momentum with increased volume, which happened after taking buy-side liquidity above 500.89. From here, I'm expecting price to make a bearish retracement, potentially back into the bullish order block at 460.50.
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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.