La_Melza

La_Melza

The price went as predicted for the past 6 business days. However after filling in that imbalance, there was a turnaround to clear the liquidity left above then continue to the downside as it is in an overall bearish trend.

La_Melza

Price has broken above the last Higher-Low of the previous minor bearish trend. This signals the beginning of a bullish market structure which will proceed to grab liquidity at the top. Or will it? Is this a manipulation?

La_Melza

Following the trendline liquidity the market will approach the institutional candle, mitigate it and bounce off the trendline (in so doing, will clear liquidity visible on the lower TF). After, it will go to the upside on the SUPPORT zone and clear the liquidity then go back to the downside to create a lower high.

La_Melza

Following the trendline liquidity the market will approach the institutional candle, mitigate it and bounce off the trendline(in doing so, will clear liquidity visible in the lower timeframes).After, it will go to the upside on the SUPPORT zone and clear liquidity then go back to the downside to create a lower high.

La_Melza

Trendline liquidity cleared in the consolidation range. To approach the liquidity on the upside to mitigate the H4 institutional candle and proceeds to the downside

La_Melza

Overall weekly trend is bearish. Cleared liquidity on the upside if you look closely on the H1 and H4 to approach imbalance on the downside. TP on the next double bottom to be formed as there was resistance on the area.