Price took out previous week low that severs as a big liquidity pool and potentially a lot of breakout sellers got trapped - it means we have demand area to the opposing liquidity area.
So, I would expect to see price break through previous week high.
So, I would expect to see price break through previous week high.
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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.