So my outlook on this market has a very clear Bullish dominance. We can see that the market is clearly controlled by Demand right now. We have been continually running the highs and doing so with a lot of upside volume.
My bias is for price to continue higher to blow the liquidity highs and continue setting new bullish structure in place. What helps is the confirmation of a recent Demand zone tap identified with the red zones.
This is further confirmation that demand is in control. From where price is right now, I need confirmation that price is continuing higher so I will be using the lower timeframes to identify structure and await clear signs of the bullish run starting again.
My bias is for price to continue higher to blow the liquidity highs and continue setting new bullish structure in place. What helps is the confirmation of a recent Demand zone tap identified with the red zones.
This is further confirmation that demand is in control. From where price is right now, I need confirmation that price is continuing higher so I will be using the lower timeframes to identify structure and await clear signs of the bullish run starting again.