The market has been nicely volatile with both bullish and bearish turns, currency at this high rejection region because price tested the region three times and got rejected. With the previous rejection price fell to the liquidity once again and gave us a double bottom to shoot straight to the rejection. Now we the imbalance as indicated along with point of interest. If price breaks this structure then we target the supply zone above, otherwise we ought to drop we the current candlestick and correct the imbalance 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.