A short spoken trading analysis noting that the weekly candle shows a bullish bias and the daily chart has also flipped bullish due to a change in 'state of delivery' and a break above prior bearish order flow; the speaker expects a retracement to a nearby level for support before continuation higher.
So this week's candle is bullish in terms of the weekly bias moment. We go into the daily chart, we'll see another really bullish sign as well, which is that we have just gotten a daily change in state of delivery. Just to give you an idea of what this means so far, ever since here, you've just been forming, you know, bearish marker structure or, like, bearish order flow. But so far, the fact that you have broken above this is a really good sign. Now we can just look for a retracement into either this level right here or a little bit down below for price to, you know, find support and continue bouncing.
