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the failure to capture lower at 1.0766 followed by COC is the most critical juncture for sellers to push the market lower
we are at a discount zone. so, if the bulls hold the failure point I think short squeezing will be dominant in the coming days
if we look above we have a clear buy-side liquidity at 1.0941 the dark sweet spot.
I think they will induce buyers above 1.0941 then flush them lower to make sell-side liquidity before the big move up toward 1.1184
good luck
the failure to capture lower at 1.0766 followed by COC is the most critical juncture for sellers to push the market lower
we are at a discount zone. so, if the bulls hold the failure point I think short squeezing will be dominant in the coming days
if we look above we have a clear buy-side liquidity at 1.0941 the dark sweet spot.
I think they will induce buyers above 1.0941 then flush them lower to make sell-side liquidity before the big move up toward 1.1184
good luck
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