Price is trading at the main supply near the previous high.
I have illustrated the type of compression liquidity grab move I would like to repeat again before we start to see some downside.
This pattern is very common near areas of interest. A battle between the buyers and sellers form before a liquidity grab is performed to reverse the trend.
Do you like these setups? 💬
Traders, if you have your own opinion about this idea, write in the comments section, I always reply.
🚨RISK DISCLAIMER: Trading Crypto, Futures, Forex, CFDs, and Stocks involves a risk of loss. Please consider carefully if such trading is appropriate for you. Past performance is not indicative of future results. Always limit your leverage and use a tight stop loss.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.