📊 Can the price sweep both the high and the low on the same day? And what might happen after this move?
One important trading concept is a Liquidity Sweep. But just because the price takes liquidity from above or below doesn't mean it will immediately reverse.
Let's understand how to read the move:
🔹 First: The candle's lower wick
If the price drops below the low and then closes back above it, this may indicate rejection of lower prices and buying interest.