$ETH - Technical Analysis
Weekly
Last candle traded to 0.5 of the current weekly FVG then closed below the 0.5 as indecisive candle.
Looking for consolidation or reversal in PA.
Let's see how P reacts to last candle's wick.
This week we have NFP (not last week XD) & PMI on Tuesday, then we have CPI on Thursday.
Daily
Last candle traded to an old daily FVG & swept an recent L, then closed above 0.5 of the daily FVG.
Looking for P to trade higher.
Noting that P opened and traded to the newly created daily FVG, so let's see how P reacts to that.
H1
P could trade higher from here.
If P trades higher and sweeps the recent buyside, I will likely to look for short.
If P sweeps recent sellside, I will likely to look for long.
Or base on intraday PA to look for setup.
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