I expect that we will sweep this low around 28200 then push for another 30k test to grab the liquidity up there. My entry is around 50% of previous order block that sent us to 30k!
Simple range sweep low like last time. Here we will have a swing failure pattern and then proceed to next levels where liquidity is!
Expecting quick long squeeze/retest on LDO, if it happens I will react with a long. More detailed explanation on a chart
The chart says it all, nothing complicated! We are the bottom of the range, unequal lows have been swept and now we are going to move to the top of the range for another sweep into 29200 (first weekly full fvg zone)
This analysis expects that after the consolidation, the price is going down for a little bit to clear for a stop hunt and then we are expecting that price will fill the liquidity hole around 380 level. Price will be monitored on a 4h chart because it is the best chart for looking for an entry.