We clearly can see that range high deviation, it means that price took out sellers that had their stops above old high. In the same time, price filled imbalance. In the near weeks, I expect to see market structure shift in the blue box and continue moving lower to grab traders stops that setting in the long positions.
Not a financial recommendation.
Have a good profit!
Not a financial recommendation.
Have a good profit!
Note
Got deviation, waiting for close into the range
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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.