Here we have Smart Money concept in play. first we had the distribution phase on the top prior to the markdown (sell-off).
After the selloff the price had been taking liquidity on the demand zone (bottom side).
the market shows a wyckoff accumulation (you can google Wyckoff schematic if not familiar with it), and based on that, the real smart MONEY MOVE is about to play out.
PS: based on the price action, we may have a 400+ pips move
Note: this is not an advise to go ahead and buy this pair. Trade at your own risk
After the selloff the price had been taking liquidity on the demand zone (bottom side).
the market shows a wyckoff accumulation (you can google Wyckoff schematic if not familiar with it), and based on that, the real smart MONEY MOVE is about to play out.
PS: based on the price action, we may have a 400+ pips move
Note: this is not an advise to go ahead and buy this pair. Trade at your own risk
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。