📉 Recent Price Action:
Last week, we saw the previous week's low being swept, taking sell-side liquidity. For those unfamiliar, sell-side liquidity refers to the stop-loss orders and sell orders accumulated below a previous low. When these are triggered, it provides the liquidity necessary for larger market participants to enter buy positions at lower prices.
Given this sweep, we anticipate a pullback into the 2352-2364 region before continuing the downward movement.
See chart for more information on technical Analysis done
Last week, we saw the previous week's low being swept, taking sell-side liquidity. For those unfamiliar, sell-side liquidity refers to the stop-loss orders and sell orders accumulated below a previous low. When these are triggered, it provides the liquidity necessary for larger market participants to enter buy positions at lower prices.
Given this sweep, we anticipate a pullback into the 2352-2364 region before continuing the downward movement.
See chart for more information on technical Analysis done
免責聲明
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。