Price has been funneling hard. It did a brilliant move to downside for a false breakout which took out all buy-side liquidity. Watching for price to tap PWL before making a move upside to take out all sell-side liquidity as all buy-side has been exhausted.
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Additional confluence for buy: PWL + OB created by false breakout.
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Price dropped conveniently on news to take out PWL as previously outlined. One thing to note: price likes to go to MAX PAIN levels therefore patience is key, watch the 1M candles for BOS to consider entering a trade. Overall directional bias remains the same.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.