A liquidity grab took place followed by a market structure shift leading to an imbalance being formed ( FVG ). The market beautifully trades back into the imbalance and a target of 0.5 Fib level was achieved.
Technicals and smart money gave the signals of a drop in Infosys before its earnings.
Some would say its a " Head and Shoulders"- not the case... liquidity drives all.
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