
Price action here is starting to show a familiar pattern.
Previously, we saw price push aggressively, breaking both highs and lows in a short period of time.
That kind of movement signaled indecision and led to the formation of a V-shaped move, which often indicates a potential larger range environment rather than clean directional flow.
After sweeping liquidity on the downside, price reacted strongly and pushed higher.
Now, we are seeing a similar structure forming again:
-Multiple breaks of short-term highs and lows
-Lack of clean directional structure
-Formation of another V-type reaction
This raises the key question:
š Is this another liquidity sweep before continuation higher?
š Or are we still inside a broader range with no clear direction?
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What Iām watching next:
-A clean break and hold above recent highs for bullish continuation
-Or continued choppy price action, confirming a range environment
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Key idea:
Not every V-shaped move means continuation.
Context matters, structure, momentum, and liquidity tell the real story.
