agesmundo02

agesmundo02

This is a classic example of the liquidity sweep. As you can see the price was in an accumulation phase, then a manipulation phase where institutions push the price up temporarily to grab the liquidity sitting above or below, in this case above, the accumulation phase. This extra liquidity will help fuel the push down. Let me know your thoughts guys! 👍

agesmundo02

Looks like she's gonna break down to $2.06 area being that it ran up and we're in a current downtrend. Let me know your thought guys?

agesmundo02

So from what I see here is that well come down to around 100-98k, then reverse up to 116662k at 1 fib level. Let me know your thought guys 👍

agesmundo02 Updated 

This is a trade setup for the next 3-4 hours or so. I see a pullback to a FVG, at a Fibonacci level, and then a run up to $2.4877 at the 61.8% fib level. Let me know your thoughts. If you like my idea give me a thumbs up!