Looking at the structure formed from both 4h and 1hr time frames, you'll observe previous bullish break of structure before we had a pullback to demand zone.
There was liquidity lying below and price acted on that shown by the pullback.
Price have bounced off the demand zone again and will swing upwards to fill imbalance created by the break of structure as represented in my chart mark-up
There was liquidity lying below and price acted on that shown by the pullback.
Price have bounced off the demand zone again and will swing upwards to fill imbalance created by the break of structure as represented in my chart mark-up
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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.