The bullish order flow is still valid, after the stunning demand zone mitigation price pushed all the way up to violate the breaker and nicely decreased to the fair value gap. The fair value gap retracement led to this volatile bullish move, managed to break the structure, made an instant retest to breaker and aggressively went for the liquidity wiper out. The wipe out dragged price down and spiked the breaker block with this long wick. Price made a nice retest and mitigated the breaker, now we currently have three white soldiers candlestick pattern and price already triggered the breaker block. The market could continue going down, but the strongest anticipation is for price to respect this area and decrease to the demand zone as indicated…
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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.