$ETH - Technical Analysis



Monthly
Last candle traded to monthly FVG then closed below it. Looking for P to trade lower. P might fill some of last candle's wick before doing so.


Weekly
Last candle traded to 0.5 of daily -OB then closed below 0.5 of weekly FVG as indecisive candle. Looking for consolidation or reversal in PA.

Let see how P reacts to last candle's upper wick. If P trades to the 0.5 of old candle's wick below P atm, I will likely to look for P to trade even lower.

This week we have PMI & NFP eco news.


Daily
P created relative equal Ls. Looking for P to trade lower. It might trade to daily FVG first before doing so.

We have PMI eco news today.


H1
Looking for P to sweep buyside to look for short.

If P keeps trading lower, I want to see how P reacts to sellsides or M15 FVG.

Or base on intraday PA to look for setup
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