Wow, last week was intense.
Firstly, we saw market makers sweep break and re-test buyers THEN they liquidated breakout buyers from the trend line and to finish all off they did a sweep on sellers that remained.
Although the direction is unclear for next week, I have illustrated my bias.
I may be wrong but at least I know that stop hunts are out of the way and we potentially have enough liquidity for a big impulsive move.
Comment your thoughts below traders 💬
Firstly, we saw market makers sweep break and re-test buyers THEN they liquidated breakout buyers from the trend line and to finish all off they did a sweep on sellers that remained.
Although the direction is unclear for next week, I have illustrated my bias.
I may be wrong but at least I know that stop hunts are out of the way and we potentially have enough liquidity for a big impulsive move.
Comment your thoughts below traders 💬
