$ARB – Another liquidity manipulation before a potential reversal?👀
Previously, ARB formed a similar accumulation pattern, broke below the structure, but never retested our key 0.1452$ level
Now, price appears to be forming almost the same setup again.
The interesting part is what happens next.
Will ARB break out and start moving higher, or are we about to see another liquidity sweep to the downside before a full reversal?
My current expectation is a move lower, but I’m not rushing to open short positions.
If price manages to reclaim the structure and establish itself above it, I’ll start looking for long opportunities instead.
My targets:
Short-term: 0.2557$
Long-term: 0.60$
Previously, ARB formed a similar accumulation pattern, broke below the structure, but never retested our key 0.1452$ level
Now, price appears to be forming almost the same setup again.
The interesting part is what happens next.
Will ARB break out and start moving higher, or are we about to see another liquidity sweep to the downside before a full reversal?
My current expectation is a move lower, but I’m not rushing to open short positions.
If price manages to reclaim the structure and establish itself above it, I’ll start looking for long opportunities instead.
My targets:
Short-term: 0.2557$
Long-term: 0.60$
