I saw this scenario happen. It happens a lot in the markets where we have a support and resistance area, then we get a false break and the price goes up and the process of accumulation begins after that, the liquidity is expelled and the price retests the support area and rises strongly You can see a similar opportunity I shared before on the usd chf currency pair
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.