It has a smooth liquidity on redistribution side and volume is raising time by time. If the price is stay in this area in next 4-5 hours then probably tomorrow we will see for long position not short.
https://www.tradingview.com/x/fT99pMyF/
https://www.tradingview.com/x/fT99pMyF/
Note
Wait for the building up the buy side liquidity once they are taken we see the reaction in this zone and making buy position.Note
There is confusion because market left the bottom limit orders and move to upside. This is the level where we can see a reaction. On the other hand it would look like a accumulation phase where price must be visit to wipe out the buy limit orders. Trade closed: target reached
Seems there is no selling interest from retail traders and price reached the target without any significant volume.
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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.
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.