After the order block mitigation price moved slightly up then aggressively went bearish to break the structure, then down to make the liquidity sweep. After the liquidation price formed this contraction which created the formidable accumulation phase and drove all the way up to violate breaker, though my target was the fair value gap. Immediately after the violation, the market made a one directional movement to take out orders and liquidate the 0.91205 level, the made this huge hammer candlestick to validate a strong bullish move. The current candlestick just spiked the fair value gap, should prices respect the area like it seems to have, then we expect it to massively drop to the liquidity pool at level 0.90749, only if the market doesn’t persist in going up even further…
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.