YFI - Bounced off the liquidity zone as expected - Retest soon?

YFI on the 4H is looking short term bullish with a good bounce out of our historic liquidity area.

As we can see in the past, this doesn't tend to be a one time deal, with at least one retest of the area before we move onward and upward.

We're also testing the short term upward resistance, looking to breakout.

I suspect we'll get another market shakeout at some point over the next few days that will lead us to retest the liquidity area, we'll likely bounce off a lower short term high first to form a consolidation wedge.

Then on to the next targets.. Wait for the retest or breakout and play it accordingly.

This isn't financial advice.

코멘트:

Beginning to think I should exclusively call YFI. Really predictable chart.