After the distribution phase, price impulsively shot down to the previous demand zone, made a slight upward move, broke the structure then aggressively dropped to the 4h demand zone. The zone was respected and the market is now in a state of recovery, this data give more reason for price to continue pushing up to the breaker block level…
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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.