$META wedge update π
Monthly FVB support held again.
Wedge is breaking out.
We are NOT in a full bull cycle yet.
Close over $700 would likely flip the weekly FVB
Strong breakout setting up for the next 6 - 12 months
Here's exactly what to ask yourself before the 9:30 open:
1. Where is the liquidity resting? Asia, London, NY AM or PM highs and lows.
2. Is the market tapping into a PD array?
3. Is it sweeping liquidity?
4. Am I seeing a V-shape recovery or an inversion?
5. Is there an SMT?
6. Is the market actually in high-probability conditions today? Is it moving cleanly toward the next draw or is it just chopping around?
Give yourself the first 15 minutes after open to answer that last one.