The market has exhibited a strong liquidity sweep, with today's candle opening and establishing new lows. Price has since retested the 2915.10 level, confirming it as a key reaction zone, and is now heading back toward the previous low. This aligns with my liquidity-based trading method, where I anticipate price movements driven by liquidity grabs—targeting areas where stop-losses and pending orders accumulate. The current setup suggests a potential liquidity sweep before a reversal or continuation, making it a crucial moment for trade execution.
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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.