AUDCHF Update + Breakdown
Even though Our initial POI that we showed, from where we wanted to sell was invalidated...
But the bearish structure was not violated yet!
We had a level market 'Untouched OB-'. Where the market could still come
and create the lower high from there. So, what price did was - it created internal liquidity
which helped to generate enough liquidity for strong bearish move.
Price came to the untouched OB and created the last lower high before it dropped hard 🔥
But the bearish structure was not violated yet!
We had a level market 'Untouched OB-'. Where the market could still come
and create the lower high from there. So, what price did was - it created internal liquidity
which helped to generate enough liquidity for strong bearish move.
Price came to the untouched OB and created the last lower high before it dropped hard 🔥
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.