tokelohomi

4h timeframe is the priority

OANDA:EURCAD   Euro / Canadian Dollar
The market printed a stunning three drives pattern in which the third drive went volatile on the 4h timeframe and broke out of the internal liquidity level. With the idea that price follows liquidity, the anticipation is for price to push to level 1.49388 which is the 4h liquidity pool. From the high we’re looking for a liquidity sweep to drive the market down to the significant areas below…

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.