澳元/加元

Liquidity piercing

71
The shooting star candlestick made a huge liquidity piercing and dragged the price down to mitigate the inner demand zone which pushed made a contraction that respected the breaker. The breaker block led price to decline even more to break the structure and create divergence. The divergence pushed up and mitigated the supply zone to give us the stunning opportunity to sell all the way to both 1h and 4h liquidity pools. After the 1h liquidity sweep, price made a short pullback to wick that got broken and continued to go bearish to hit the target. Price pierced the 4h liquidity pool way too much than expected, but we still have a possibility of going bullish because we have more like a falling wedge and price just made a third touch to complete the three drives pattern, we have a doji candlestick as the current one, this good be the strong beginning of a bullish market…

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