- Take a deep look at this range on the charts.. - After breaking the structure Price started forming a Perfect order flow making lower highs and equals lows at 1930.0 level. - Daily bearish engulfing closure after grabbing the last high liquidity (inducement) and making a fully retest at supply zone 1960.0. - We may have a bullish move to 1960.0 for a full retest and then price may drop down to 1900.0 major demand zone.
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- Strong bullish move to 1960.0 supply zone after Initial jobless claims news.
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- Price reached 1960.0 supply zone. - Waiting for a 4h closure.
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- 4H closure below 1960.0. - 4H openening with a strong bullish move. * No Confirmation yet..
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- As you can see on the charts price did not break the last low at 1940.0 levels, so price may sweep the last high liquidity (Inducement) at 1970.0 levels.
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- Price swept the last high liquidity with 4h closure long wick (bearish pressure)
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