EURCAD to possibly plumit
After price took out liquidity on htf, it tapped into htf POI and the reacted from it and thus broke structure to the downside. Price then broke further structure with massive momentum to the downside, leaving behind a huge imbalance with a very clean POI. Price is now retracing into this POI to continue its htf retracement down, possibly taking out liquidity it has formed 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.