Price went up and completely filled in the Daily Liquidity Void from January 24th and strongly rejected the range. In doing so, price breached the Previous Weekly High and created a big 4H displacement candle. These are the two conditions that move price, Liquidity & Inefficiencies. For this week to come I expect lower price with the major draw on liquidity being the Previous Monthly Low.
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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.