After price fell aggressively and broke structure, it left behind a huge imbalance with a clean POI. Price preceded to retrace and tap into that POI and then gave us a change of character on the lower time frame. Now price is looking to use liquidity that has been engineered to continue selling off a lower time frame POI since it is in an overall bearish orderflow.
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.
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.