NAS gave us the first signs of a pullback, it then reacted off the demand zone but failed to create a H.H and then broke the demand zone giving us a flip, market then swept some liquidity and eventually came up to the flight zone.
This zone to me is valid because:
1.it left behind an iMB
2.liquidity was built up below.
3. we have efficient price action above which indicates that price doesn't have to push higher.
lets see how this plays out as we have some USD NEWS this week.
This zone to me is valid because:
1.it left behind an iMB
2.liquidity was built up below.
3. we have efficient price action above which indicates that price doesn't have to push higher.
lets see how this plays out as we have some USD NEWS this week.