EURUSD
The 4h supply mitigation led to a one direction movement decrease, price filled this inefficiency in a corrective manner by a bullish uptrend. Price managed to break the structure and made a young pull back to the breaker block which then increased all the up to create the highest peak. The market aggressively dropped and mitigated the demand zone in a dominant bearish manner that created yet another inefficiency. Price the shot all the up to correct this imbalance, noticed a slight rejection from the fair value gap then price continued to rise. The peak was respected as a supply zone, price did not provide the satisfactory liquidity sweep, formed a minor distribution phase and dropped to imbalanced demand zone. With this hammer candlestick the market is showing a high possibility of driving price all the way up to make the awaited liquidity sweep…
The 4h supply mitigation led to a one direction movement decrease, price filled this inefficiency in a corrective manner by a bullish uptrend. Price managed to break the structure and made a young pull back to the breaker block which then increased all the up to create the highest peak. The market aggressively dropped and mitigated the demand zone in a dominant bearish manner that created yet another inefficiency. Price the shot all the up to correct this imbalance, noticed a slight rejection from the fair value gap then price continued to rise. The peak was respected as a supply zone, price did not provide the satisfactory liquidity sweep, formed a minor distribution phase and dropped to imbalanced demand zone. With this hammer candlestick the market is showing a high possibility of driving price all the way up to make the awaited liquidity sweep…