DislikedThe Daily had no obvious PA on it but the 2 Day TF showed a nice BEOB engulfing a couple of other 2 Day bars. Price is showed breaking through the .9850 of previous Support . . much like the Weekly TF did.Ignored
On the 4 Hour Time frame, we have a BUOB . .
At a swing Low, good Space, good Size, little traffic, at 61.8 fib retracement level, above a RN, .9800, nice hard break . . its what we look for .
Target(s) . previous bar High/Lows. Knowing what we know on the higher TFs, the .9850 looks like a pretty good target, wouldn't you say?
Indicators show the past. Price Action "Indicates" the future.