Long
What happens with REEF?
This morning, when a London session started, I woke up due to a lot of alerts, and I saw a huge bar go down. It was very strange because the whole market was stuck in a range. I decided it was the start of a manipulation to get liquidity below the price and then above it. Yes, I got a few cups of coffee, a few business meetings, and voila! I saw a huge bar at the top of my screen.
What do I see there?
It looks like the uptrend started after manipulation to the bottom, and it gained a lot of liquidity before the price met FVGs at the top. So, now we see some rollback because of FVGs activation. In case I'm right, I'll see another big move in the uptrend.
What do you think?
What do I see there?
It looks like the uptrend started after manipulation to the bottom, and it gained a lot of liquidity before the price met FVGs at the top. So, now we see some rollback because of FVGs activation. In case I'm right, I'll see another big move in the uptrend.
What do you think?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.