Monitoring Price reaction into a FVG for next week.
Journal:
-1WTF- Possible run on LQDY -> 1.18413 after Breaking the previous SwHight @1.24468 Dec. 12 2022. Contained into the 1W FVG Jun. 06 2022. Possible Lower interest for the market maker.
-1DTF- Feb. 09 2023 @(1.21940) ran on Feb. 14 2023 @1.22703 creating Hight of the week on Tuesday. (possibly market repricing higher to trade the sudden 2 days drop on Feb 2nd and 3rd){SweetSpot to reprice}.
-240TF- After creating the Tuesday Hight @1.22703 price sharply ran the Feb. 07 2023 @1.19612 which was made on a Tuesday during the London Session. Price ran through the Feb. 07 2023 Low creating a new low @1.19151. The new low is currently the Previous Week Low. While Price was running the Feb. 07 2023 Low it printed a FVG on the 1DTF. Feb. 14 Hight @1.22703 and Feb. 17 2023 Low @1.19151 possibly determines a Dealing rage that has the @1.20927 LVL for Equilibrium which resides almost at the 1DTF FVG mid point. The price is now making its way up towards the 1DTF FVG.
What I think it means:
Market ran a Pool of LQDY while Repricing for the next move. Price then sharply ran the Sell side LQDY pool creating a FVG but did not make it to the Next possible LQDY pool. In my opinion this is a proof that the MM has interest at lower prices. the market probably is aiming towards the next LQDY LVL @1.18413 but is currently repricing higher to run the Feb. 16 2023 buy side LQDY pool which will happen to be in the 1DTF FVG.
MONITORING PRICE REACTION TO THE 1DTF FVG IF IT GOES AND TRADES INSIDE OF IT.
-1WTF- Possible run on LQDY -> 1.18413 after Breaking the previous SwHight @1.24468 Dec. 12 2022. Contained into the 1W FVG Jun. 06 2022. Possible Lower interest for the market maker.
-1DTF- Feb. 09 2023 @(1.21940) ran on Feb. 14 2023 @1.22703 creating Hight of the week on Tuesday. (possibly market repricing higher to trade the sudden 2 days drop on Feb 2nd and 3rd){SweetSpot to reprice}.
-240TF- After creating the Tuesday Hight @1.22703 price sharply ran the Feb. 07 2023 @1.19612 which was made on a Tuesday during the London Session. Price ran through the Feb. 07 2023 Low creating a new low @1.19151. The new low is currently the Previous Week Low. While Price was running the Feb. 07 2023 Low it printed a FVG on the 1DTF. Feb. 14 Hight @1.22703 and Feb. 17 2023 Low @1.19151 possibly determines a Dealing rage that has the @1.20927 LVL for Equilibrium which resides almost at the 1DTF FVG mid point. The price is now making its way up towards the 1DTF FVG.
What I think it means:
Market ran a Pool of LQDY while Repricing for the next move. Price then sharply ran the Sell side LQDY pool creating a FVG but did not make it to the Next possible LQDY pool. In my opinion this is a proof that the MM has interest at lower prices. the market probably is aiming towards the next LQDY LVL @1.18413 but is currently repricing higher to run the Feb. 16 2023 buy side LQDY pool which will happen to be in the 1DTF FVG.
MONITORING PRICE REACTION TO THE 1DTF FVG IF IT GOES AND TRADES INSIDE OF IT.
Comment:
FVG Produced a slow down move