Price engineered a clean buy-side liquidity sweep above the previous high (red line), tapping into resting stops before showing hesitation. That wick isn’t random, it’s a receipt 🧾—smart money collected fuel.
Post-sweep, price retraced into a discount zone within the intraday range, aligning with a minor inefficiency / demand pocket. The reaction suggests buyers are still in control, but not without testing commitment first.
Narrative:
Liquidity taken → displacement → controlled pullback → potential continuation.
Post-sweep, price retraced into a discount zone within the intraday range, aligning with a minor inefficiency / demand pocket. The reaction suggests buyers are still in control, but not without testing commitment first.
Narrative:
Liquidity taken → displacement → controlled pullback → potential continuation.
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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.
