DONUT retrace from 200% run up
Donut did over 200% pump last few days.
Gold pocket + Imbalance area looks like a good place to find support if not lower to the next level.
Gold pocket + Imbalance area looks like a good place to find support if not lower to the next level.
Catatan
Price fell and found support at the imbalance level. Catatan
then found 4hr resistance at the Value area Low of the volume profile area. (blue line)Catatan
Approaching a large imbalance area on the 1hr possible rejection Catatan
Catatan
From the original post - Imbalance area near a golden pocket = a high area of confluence. The price action came back Sept 3rd to hit the level on the nose. Catatan
two future price action key levelsCatatan
hit the POC far below us and found support. I drew that level August 21st two months ago. TA is all about marking key levels and waiting for price reactions.
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