This Zone is even more superior than the MGZ which I published before and eventhough we did get a perfect entry and a reaction from the market. Important is to react to current Market events and therefore my TP is always adjusted (Sometimes bigger than excpected and sometimes smaller)
We see that we are in a strong Bullish Trend.
We see BOSs in various dimensions and a very expected strong Retracement.
Also the high DELTA is shows a high potential for liquidity in the price range
Again i use a tight SL and a realistic TP
The Supirior Time (W1) Period is rather Bearish than Bullish and we see that we had a healthy retracement to the Golden Zone. We still see open liquidity + inbalances in the market which is a strong indication for me that the market is drawn to this price. Above my entry i dont see alot of valid reasons why the market should continue to push further up. Thats why...