After price tapped into higher timeframe POI, it broke structure and gave us a change of character in lower timeframe. The break in structure was of high momentum such that it left behind an imbalance with a clean POI. Price was consolidating before the expansion that broke structure, and has now retraced back to that area for one more mitigation before continuing up to fill higher timeframe imbalance and to take out equal long term highs.
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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.