Short transcript excerpt from a trading-focused YouTube video describing a bullish scenario on the 1-hour chart: if price closes above a specific hourly 'favorite gap' then price may move higher, with expected support near the hours around 7:30–8:30am and potential news impact around 9:30am. The speaker emphasizes waiting for a candle close above the gap before considering bullish trades.
If you break above this one hourly favorite gap, come down to find support roughly around the hours between 7:30am to 8:30am Basically when the news hits potentially 9:30 as well. If as long as you do not break up below this favorite gap right here, then there is a chance that you go higher today. Note that I'm talking about this from the one hourly chart, which means you want to see a candle close above this verb gap before we even consider anything bullish. So that'll be scenario number one, which is the bullish scenario.
