Hello everyone!
After price pushed up due to the news, there are still clear pools of money (liquidity) below.
If the institutions do their job, during the next trading week we'll be seeing price falling down to grab all the liquidity.
Since the more liquidity is at the bottom price is expected to go towards these lower levels, due to the almost non existing (already taken) liquidity at the top.
After price pushed up due to the news, there are still clear pools of money (liquidity) below.
If the institutions do their job, during the next trading week we'll be seeing price falling down to grab all the liquidity.
Since the more liquidity is at the bottom price is expected to go towards these lower levels, due to the almost non existing (already taken) liquidity at the top.