DONUT retrace from 200% run up

2023年8月22日

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.

2023年8月23日

註釋

Price fell and found support at the imbalance level.

2023年8月23日

註釋

then found 4hr resistance at the Value area Low of the volume profile area. (blue line)

2023年8月25日

註釋

Approaching a large imbalance area on the 1hr possible rejection

2023年8月26日

註釋

2023年9月4日

註釋

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.

2023年9月4日

註釋

two future price action key levels

2023年10月19日

註釋

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.