Expect the bearish price action from this area, i call this a risky entry because we go against HTF market structure. Price took out buy side liquidity above equal highs and above weekly highs, market makers as theory says should exit or execute their position and now price should colapse. MID-LONG TERM perspective i will look only for buys there.
What do you think ? Comment below..
What do you think ? Comment below..
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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.