Impulsive sellers last week will have now have been stopped out in positions opening up liquidity for the banks to take advantage of. Fingers crossed we see a smooth decline from this hourly order block down into my level marked.
The huge gap would have caused some damage with sell stops being activated, again creating more liquidity for the correct move to follow.
The huge gap would have caused some damage with sell stops being activated, again creating more liquidity for the correct move to follow.
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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.