We have a potential FlipZone setup in the making. A concept exclusive to FX Price Action Setups. We need a consolidation below the liquidity (red) and then a strong impulsive move back through the level (important this move must start BELOW the level for it to be valid. A retrace to the level is the entry point. Target will be 1.63 liquidity.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.