The order block rejected create a strong bearish move that lost momentum at level 1.34108 and made a contraction. This contraction created an accumulation phase, now price is using a corrective pattern to fill the inefficiency created by the impulsive bearish move. Looking for price to violate the internal liquidity pool and go bearish once again…
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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.