DOT - Opportunity to catch a 20% correction

truepersonal Updated   
Greetings everyone!

I would like to share with you the analysis of DOT (Polkadot).

We have successfully exited the descending structure, which indicates a transition to the ascending structure. However, this does not prevent us from looking for short-term corrective trades with good reasons.

We are currently seeing the filling of the monthly imbalance in the 11.14 - 14.18 range. Within this range, there is a weekly imbalance zone extending from 11.81 to 13.03. With a favorable risk-reward ratio, we may consider setups coming out of this zone.

Our goal may be to eliminate inefficient pricing on the two-hour timeframe (FVG).
Trade active:
So far so good.
Trade closed: target reached:


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