Why did the inducement fail? It failed because it was only minor/medium inducement. It gave a reaction, trapped traders to start selling. Not only support and resistance players got trapped but also people that look at liquidity (SMC etc.)
Before shorts I at least expect GU to fill the imbalance curve.
LQP = Liquidity Pool
2WT = 2 Way Trap
Arrows = inducement
Before shorts I at least expect GU to fill the imbalance curve.
LQP = Liquidity Pool
2WT = 2 Way Trap
Arrows = inducement
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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.