Price swept the previous sell side liquidity and now price is forming internal high high and high low. Heading in the direction of the buyside liquidity.
This is counter trend trade, so we will be extremely cautious.
Watch for one of these only:
Bullish engulfing
Micro BOS upward
Strong rejection wick + close up
This is counter trend trade, so we will be extremely cautious.
Watch for one of these only:
Bullish engulfing
Micro BOS upward
Strong rejection wick + close up
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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.
Related publications
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.