US100
It has created a double bottom pattern. Creating a base area around 14000.
Using the OB zone, I have found an entry point speculating at 14000. As price needs to cover the long wick at 13350, setting it to be the minimal take profit area.
An imbalanced price is also seen at 13250 and 13100 setting it as the second take profit area (close to Fibonacci Cluster). My current position is risk free.
SELL - 14000
TP 1 - 13550
TP 2 - 13100
It has created a double bottom pattern. Creating a base area around 14000.
Using the OB zone, I have found an entry point speculating at 14000. As price needs to cover the long wick at 13350, setting it to be the minimal take profit area.
An imbalanced price is also seen at 13250 and 13100 setting it as the second take profit area (close to Fibonacci Cluster). My current position is risk free.
SELL - 14000
TP 1 - 13550
TP 2 - 13100