the market has been in a range for this one week.
nothing much has happened clearly such that we could say that the market is going to go in one direction
whenever the market is not making any clear moves and if it is in a range it is accumulating liquidity on both sides, mostly to take all the liquidity and to move in a particular direction
For now as there has been liquidity sweep where the bears were trapped, i am expecting the market to make a move upwards as the 1 hour had also made a minor break of structure in the bullish side.
But trade with caution, because there has not been any major bos with imbalances indicating the absence of big players
nothing much has happened clearly such that we could say that the market is going to go in one direction
whenever the market is not making any clear moves and if it is in a range it is accumulating liquidity on both sides, mostly to take all the liquidity and to move in a particular direction
For now as there has been liquidity sweep where the bears were trapped, i am expecting the market to make a move upwards as the 1 hour had also made a minor break of structure in the bullish side.
But trade with caution, because there has not been any major bos with imbalances indicating the absence of big players