Same price structure for me, corrective move, 3 wave impulsive move to catch all the liquidity above the last clear high, and once that liquidity is taken, move back below the last low to catch of the stop and liquidity resting there, before moving higher.
This is just the nearest example, but you will see this same structure play many times (it does not mean a 100% strike), just liquidity engineering.
Currently waiting for those lows to be taken bejore positioning for a long.
This is just the nearest example, but you will see this same structure play many times (it does not mean a 100% strike), just liquidity engineering.
Currently waiting for those lows to be taken bejore positioning for a long.
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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.