On the monthly Tf price is bouncing off a bearish OB.
On 4 hr Tf a major swing high was completely formed in the closing of last week.
The High of Wednesday bearish OB was respected and the price is expected to drop to TP1 and TP 2 which are liquidity points.
On 4 hr Tf a major swing high was completely formed in the closing of last week.
The High of Wednesday bearish OB was respected and the price is expected to drop to TP1 and TP 2 which are liquidity points.
Trade closed: target reached
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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.