There is an imbalance to be filled as we can see a massive selling pressure previously. Once there is a balance in the market as price is moving towards a balance, price must definitely touch the O.B that began the rally downward. We expect a bearish influence after the balance.
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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.