This manipulation implies removal of stop losses of traders, who were in shorts, and implementation of buy orders for traders, who were intending to buy on the breakout of the maximum. We may see the resumption of purchases (test) in several price ranges:
1)200-225. 2)105-130.
If you liked the idea, please like it. That's the best "Thank you!" for the author 😊
P.S. Always do your own analysis before a trade. Put a stop loss. Fix profits in installments. Withdraw profits in fiat and please yourself and your your loved ones.
I have shifted my goals from my previous idea, but my scenario is the same