Hi Traders,
So as seen on our chart you can conclude that prices came and tapped into liquidity within the above two zones and seen pullback. Prices still failed to create a higher high and therefore still bearish. Currently seeing some sensitivity and it could be enough for prices to carry on falling. However this may not be the case and prices may search for further liquidity higher up within the top zones. If we do get a further drop then we will look at price action as it reaches the zone beneath as its already tapped into liquidity within that zone we may see a break past and into the next zone below.
As always if you enjoy the content don't forget to click the like button and make a comment on your opinion.
Thanks
MS
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
So as seen on our chart you can conclude that prices came and tapped into liquidity within the above two zones and seen pullback. Prices still failed to create a higher high and therefore still bearish. Currently seeing some sensitivity and it could be enough for prices to carry on falling. However this may not be the case and prices may search for further liquidity higher up within the top zones. If we do get a further drop then we will look at price action as it reaches the zone beneath as its already tapped into liquidity within that zone we may see a break past and into the next zone below.
As always if you enjoy the content don't forget to click the like button and make a comment on your opinion.
Thanks
MS
⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️⬇️
