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Fake chochs - Chasing Liquidity!
Some times market gives small BOS but it breaks its high (here case) and make chochs. This is due to the liquidity. Some times there are more liq. At above the high. So market not concern the structure and chasing those liq. and come back.. Here unmitigated, left side sweeping candle becomes as a hidden supply zone. So we can assume market stop at that point!
Dilan Samarasekara - 2023-08-14 14:11:14