Target is around 0.33...the Aug,15,2023 accumulation from which dumped hard.It is quite interesting what is doing...if looking long term it could go to around 2.6.If it brakes the 0.33 there is nothing which can hold it till those levels.Your opinion?
justclueless123
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@igor_1234567,hi, the answer to your question is on my chart, if you scroll the chart you will see that i have weekly level on 2.6195$- so yes its possibale i guess. tnx for your question
igor_1234567
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@justclueless123, Sorry I did not see your mark at 2.6195$, as it is counter intuitive because I can't see the candlesticks at those levels. Yes the POC of all volume accumulation that was traded at that range is 2.6 (+/-). It could touch slightly below 2.6 as this POC everyone can see, or it could go further higher in order to get a high of that region for those who did not close their short position/or are opening their short position in that region.
justclueless123
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@igor_1234567, its not intuitive, its based on sup/res levels and yes unfortunatly TV dont provide access to the whole chart, about POC i dont use it, actually i use only levels lines combined with MRI indicator that counts the closes of candles. also use volatility to measure the stoploss.