After liquidity was taken out at the purchase price area of 56,548.12, a local price reversal occurred towards an increase following a partially filled imbalance around 54,436.00. Such manipulation had happened previously on May 1, 2024, when similarly, liquidity was closed for purchase and the lower partially covered imbalance led to a subsequent asset markup.
My idea for a long-term trade is to open it after filling the order block located in the discount zone, with an approximate price of 58,560.00. My ultimate target is the previous month's high. It's also important to note the potential for further asset decline.
It's important to remember that my idea is just a recommendation and not a call to open a trade. Always keep in mind money management principles and use only 5% of your deposit for a trade.
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.