First of all, I probably will not trade this because it's GME, but I MIGHT...
Lots of confluence around the $105 area - two seperate macro .786 fibs levels, a monthly close, and the VAL of the whole range, plus $100 psychological level. I would normally look to trade a setup like this up to the POC and then the VAH. Stoploss tbd by structure - data doesn't exist yet.
Lots of confluence around the $105 area - two seperate macro .786 fibs levels, a monthly close, and the VAL of the whole range, plus $100 psychological level. I would normally look to trade a setup like this up to the POC and then the VAH. Stoploss tbd by structure - data doesn't exist yet.
Commento:
Potentially building bullish market structure on low time frames -
