Price made a liquidity sweep on the daily timeframe, this means we have more sellers than buyers in this market, so we sell with ease. Now price is currently at the 4h OB, any significant response to this, then we buy and the target should be 0.91632. If price persists to push up the the target is the daily significant area in order to complete the head and shoulders pattern. This will activate sellers and provide the opportunity to sell 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.