- potential swing to the downside - the Elliott wave supports the move down and shows that the 2nd TP is very valid, which means TP 1 will be hit on the way down - the large area of imbalance shows that we could have a move down to fill the imbalance soon but hopefully can tap the POI first so we can find a valid entry - also there are lots of areas of liquidity on the way down which will be taken out
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