DONUT retrace from 200% run up

22 באוג׳ 2023

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.

23 באוג׳ 2023

הערה

Price fell and found support at the imbalance level.

23 באוג׳ 2023

הערה

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

25 באוג׳ 2023

הערה

Approaching a large imbalance area on the 1hr possible rejection

26 באוג׳ 2023

הערה

4 בספט׳ 2023

הערה

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.

4 בספט׳ 2023

הערה

two future price action key levels

19 באוק׳ 2023

הערה

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.