Price did not play out as analyzed last week which was to take out the buy-side liquidity and mitigate the bearish POI at 108.84 before falling. Price took out the sell-side liquidity first. Price also took the liquidity at 86.28 and is now showing a change in character on the lower timeframe. I'm expecting price to make a retracement back up to the bearish POI at 97.39 next.
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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.