The prices is reaching a weekly supply zone and also a weekly trendline is in confluence with this setup.
Another factor is the capture in the small red box taking all the liquidity.
Another factor is the capture in the small red box taking all the liquidity.
Trade closed: stop reached
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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.