$PRL climbed to the $0.205 - $0.21 band with a strong upward wave initiated from low levels and maintains its upward momentum. Examining the heatmap, a huge yellow liquidity pool in the $0.215 - $0.225 range located right above the price draws attention.
If the current upward momentum continues, it seems very likely that the market maker will push the price toward the yellow liquidities in this first main target area of $0.215 - $0.225 to sweep the Short stops there.
However, in possible profit sales or pullbacks, the $0.190 - $0.198 range where the breakout occurred and turned into new support should be followed as the first important liquidity and support zone below.
Click to Trade👇$PRL
If the current upward momentum continues, it seems very likely that the market maker will push the price toward the yellow liquidities in this first main target area of $0.215 - $0.225 to sweep the Short stops there.
However, in possible profit sales or pullbacks, the $0.190 - $0.198 range where the breakout occurred and turned into new support should be followed as the first important liquidity and support zone below.
Click to Trade👇$PRL