Hello Traders!
As you can see price took out the 20 day high and ran to the 20 day low.
But why?
There is Buy side liquidity above that significant high.
There is Sell side liquidity below that significant low.
The primary drivers of the market is the interest rate and liquidity.
Once again another example of IPDA giving clear paths of a trade idea (other macros need to aline).
As you can see price took out the 20 day high and ran to the 20 day low.
But why?
There is Buy side liquidity above that significant high.
There is Sell side liquidity below that significant low.
The primary drivers of the market is the interest rate and liquidity.
Once again another example of IPDA giving clear paths of a trade idea (other macros need to aline).
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.
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.