April 9: Weekly Analysis

The Weekly Time Period has formed a BISI. I expect a tap into the BISI and therefore a likely small retracement to the downside. The targets market in the golden lines by the Weekly BISI levels. However, it is important to consider that price has been very bullish so it is important give them the respect and be agile and precise in your moves. Keep the powder dry until the head is in the reticle.

Weekly BISI Levels (Golden Lines)
Upper: 4096.50
Lower: 4073.75

The Daily Price has a bearish orderblock which can be used as an anchor for shorts
Upper: 4157.75
Lower: 4122.75