As we can see over here, price been on a downtrend, currently in a side channel, as retail traders wanting to short this currency as for fundamental, analysis, etc. We can see that price has made an obvious resistance that retail traders will see and think it will be a good idea to sell around that area.
However, liquidity lays behind that resistance levels of which price tends to take out before going down. My mind tells me, that price will go up, break resistance, then will go down breaking the support that it has made.
However, liquidity lays behind that resistance levels of which price tends to take out before going down. My mind tells me, that price will go up, break resistance, then will go down breaking the support that it has made.