$ETH - Technical Anaysis

$ETH - Technical Analysis

Weekly
Last candle swept an old L & traded to 0.5 of weekly FVG, then closed above it as indecisive candle. I'm looking for consolidation or reversal in PA.

P doesn't need to trade to 0.5 of the old candle's wick if it want to trade higher. Noting that P created relative equal Ls as well.

Daily
Last candle traded to daily FVG then closed below. I'm leaning toward P trading lower unless P close inside the FVG again today.

Noting that P has just traded to 0.5 of old candle's wick.

H1
P could trade lower from here. If P closes below recent sellside, I would look for P to trade even lower.
I would love to see how P react to H1 FVG right below 0.5.
Or base on intraday PA to look for setup.
.
.
.
.
.
If you find this helpful, give me a like. Cheer! 🫡
Abbreviations are explained & pinned in my profile.