Price violated and respected the sell side imbalance which created this fractal high. The fractal high led to this long bearish move targeting the low to make a liquidity wipe out. The market dropped and made a slight pullback to the breaker before the impulsive move to the downside. Immediately violating the liquidity pool, loss of bearish momentum occurred due to the doji candlestick, then price started pushing up instantly after the sweep. From this current data, price is being rejected by the order block, then a pullback to the imbalance below 159.178 is expected, buyers should be activated targeting 160.784 and breaking the level to the ultimate tp…
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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.