Long-term weekly high - Liquidity PURGED.
We've seen a short-term low broken with bearish displacement candle; leaving a FVG (SIBI) in its wake.
We've seen price break down and trade back into the bottom of the bearish breaker twice, which is being highly respected with candle wicks and bodies.
Each touch we see price react and move away from the area dynamically, as it acts as resistance.
Targets and draws on liquidity is the sell stops liquidity resting below the relatively equal lows (RELs). RELs are too clean; make jagged.
Lower targets would be the liquidity VOID and the FVG (BISI). Also the small volume imbalance.
We've seen a short-term low broken with bearish displacement candle; leaving a FVG (SIBI) in its wake.
We've seen price break down and trade back into the bottom of the bearish breaker twice, which is being highly respected with candle wicks and bodies.
Each touch we see price react and move away from the area dynamically, as it acts as resistance.
Targets and draws on liquidity is the sell stops liquidity resting below the relatively equal lows (RELs). RELs are too clean; make jagged.
Lower targets would be the liquidity VOID and the FVG (BISI). Also the small volume imbalance.