YM 4 Hour Broke High (Push Phase Form Next HH) Bullish

5 May 2024

Now that NFP broke bullish above the last 4 hour pivot high, price is still in bullish push phase to reach the next higher high. Looking at somewhere in supply zone.

I am looking for the next higher low pullback to be in the demand zone and above the last higher low made by FOMC.



Of course, NFP could also just be a false break and will trade back inside that range. This could also be a consolidation range after a move down for the resumption of the move down.

5 May 2024

Not

The 2 minute price action bullish on the 4 hour push phase higher up to a supply area.