Hello Traders,
I've got a quick update for you. This is the daily timeframe and what we can see is that price is approaching the sell-side liquidity pool (equal lows) as marked on my chart.
You will notice that in approaching this sell-side liquidity the bearish candles are beginning to lose momentum. This does not mean we can't see a strong bearish candle expand to takeout the sell-side liquidity.
Just keep monitoring this pair.
I will keep you guys updated.
Cheers,
David
I've got a quick update for you. This is the daily timeframe and what we can see is that price is approaching the sell-side liquidity pool (equal lows) as marked on my chart.
You will notice that in approaching this sell-side liquidity the bearish candles are beginning to lose momentum. This does not mean we can't see a strong bearish candle expand to takeout the sell-side liquidity.
Just keep monitoring this pair.
I will keep you guys updated.
Cheers,
David
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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.