DONUT retrace from 200% run up

22 Ağu 2023

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.

23 Ağu 2023

Not

Price fell and found support at the imbalance level.

23 Ağu 2023

Not

then found 4hr resistance at the Value area Low of the volume profile area. (blue line)

25 Ağu 2023

Not

Approaching a large imbalance area on the 1hr possible rejection

26 Ağu 2023

Not

4 Eyl 2023

Not

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.

4 Eyl 2023

Not

two future price action key levels

19 Eki 2023

Not

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.