Following the trendline liquidity the market will approach the institutional candle, mitigate it and bounce off the trendline (in so doing, will clear liquidity visible on the lower TF). After, it will go to the upside on the SUPPORT zone and clear the liquidity then go back to the downside to create a lower high.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.