NF left failed auction at low + large double print buying tail on event day in last session.With dPOC skew, buyers edge at close. and observation was gap/drive for them. NF got a gap up today and remained higher all day and closed at highs.
It was clean gap day.Buyers after outside day+neutral day got more control with this gap now.
Event day got unsecured high which got cleared today.
About swing ref zones mentioned , had more confirmation yday for remaining 17720/17800/17950. NF probed next two obj till 17800..Remaining is 17900-950 band and negation for this now at 17700.Once moved above PDH, could move negation to 17750.
This 17900-950 not expecting to be cleared straight considering old structure and capable for one good pullback..If this band accepts then next obj 18100+ could be quick.
17750-17770 support zone for early session tmw to look for more upside above 17810 for 17845-17860/17895-17910 if sustains then 17945-17960.. Weak below 17750 for 17720/17680/17650/-17635.
Charts and data :
Detailed plan with references to carry forward, actionable trade hypos for next session, any importance nuance from the day and view based on weekly and monthly time frame are available to members in private blog.Above report is only part of it.
Notes :
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