After the growth, the instrument began to consolidate, forming a bearish order block on the "D" TF, then a cascade of 3 levels of 0.01690 + 1 equal to three touches. Sloping resistance, we are pressed up to the cascade, behind which there are the feet of market participants. If the price starts trading at the specified local level, then we can expect a breakdown for the execution of stops and the collection of liquidity behind it. Magnet 0.01580
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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.