As you can see, price run buy side liquidity, with 12h close below. This is means a lot of breakouts traders trapped. For me is obvious short scenario with equal lows target. Also lower we have unfilled imbalanced, this is a good confluence to see price lower.
Not a financial recommendation.
Thank you for like this idea, have a good profit!
Not a financial recommendation.
Thank you for like this idea, have a good profit!
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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.
Related publications
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.