Upcoming SMC (Smart Money Concepts ) trap
as this turns out to be an order block
(We may see a reaction here pushing price down in
order to attract more sellers to generate liquidity
to push the market further to the upside as ) as
professionals will be looking to get prices at a
discounted price to scale in further on their
already existing long positions
as this turns out to be an order block
(We may see a reaction here pushing price down in
order to attract more sellers to generate liquidity
to push the market further to the upside as ) as
professionals will be looking to get prices at a
discounted price to scale in further on their
already existing long positions
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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.
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.