AUDJPY: Supply vs Demand Battle
Price has rejected, manipulated and trapped sellers multiple times from this supply, sweeping liquidity from the zone.
The only liquidity left will be the stops trapped above the zone.
I don't think we will penetrate these stops immediately.
I believe price will compress into the demand and liquidate that zone aggressively before returning to purge sellers, as illustrated on my chart.
The only liquidity left will be the stops trapped above the zone.
I don't think we will penetrate these stops immediately.
I believe price will compress into the demand and liquidate that zone aggressively before returning to purge sellers, as illustrated on my chart.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.