DONUT retrace from 200% run up
Donut did over 200% pump last few days.
Gold pocket + Imbalance area looks like a good place to find support if not lower to the next level.
Gold pocket + Imbalance area looks like a good place to find support if not lower to the next level.
Nota
Price fell and found support at the imbalance level. Nota
then found 4hr resistance at the Value area Low of the volume profile area. (blue line)Nota
Approaching a large imbalance area on the 1hr possible rejection Nota
Nota
From the original post - Imbalance area near a golden pocket = a high area of confluence. The price action came back Sept 3rd to hit the level on the nose. Nota
two future price action key levelsNota
hit the POC far below us and found support. I drew that level August 21st two months ago. TA is all about marking key levels and waiting for price reactions.
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