CADJPY: Strong Reversal After Liquidity Grab
Educational Insight
The market surged to the upside, targeting liquidity highs to trigger stop losses. Once liquidity was cleared, price stalled and reversed sharply.
By marking key candle highs and lows, we identified swing points to count the market waves. We applied the 2 Data Points Rule to validate the break of support or resistance—this is a crucial concept in confirming true market structure shifts.
Additionally, we analysed the wavesofsuccess wave structure, focusing on the Momentum Low and what to anticipate when price reaches this level.
🚀 If this insight adds value to your trading, smash the boost and drop a comment!
Blessings.
The market surged to the upside, targeting liquidity highs to trigger stop losses. Once liquidity was cleared, price stalled and reversed sharply.
By marking key candle highs and lows, we identified swing points to count the market waves. We applied the 2 Data Points Rule to validate the break of support or resistance—this is a crucial concept in confirming true market structure shifts.
Additionally, we analysed the wavesofsuccess wave structure, focusing on the Momentum Low and what to anticipate when price reaches this level.
🚀 If this insight adds value to your trading, smash the boost and drop a comment!
Blessings.
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.