Looking at GBPCAD, we have taken some liquidity on the 15 minute chart with a down shift in market structure. My thoughts are that the market will now target liquidity on the sell side and at the same time, create more liquidity for it to return to in the future.
Note
I posted this trade to go long but my analysis is for a short. My mistake
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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.