Pivot (invalidation): 11620.00
Our preference
Short positions below 11620.00 with targets at 11500.00 & 11460.00 in extension.
Alternative scenario
Above 11620.00 look for further upside with 11680.00 & 11730.00 as targets.
Comment
As Long as the resistance at 11620.00 is not surpassed, the risk of the break below 11500.00
remains high.
(By Swissquote TRADING CENTRAL)
![[TLV]: Timings at Market Highs and Lows Price Extremes, Exhaustion, and Timing Reactions](https://c.mql5.com/6/1006/splash-preview-770296.jpg "[TLV]: Timings at Market Highs and Lows Price Extremes, Exhaustion, and Timing Reactions")
![[TLV]: When a Timing Should Be Ignored Liquidity Activation Point ≠ automatic entry](https://c.mql5.com/6/1006/splash-preview-770298.png "[TLV]: When a Timing Should Be Ignored Liquidity Activation Point ≠ automatic entry")
