- A 4-hour SIBI FVG has been established between $2.59–$2.56, which could be a strong resistance to keep prices from climbing. There is also a 1-hour SIBI within that area which gives me more of an indication for resistance.
- If the 2.20s range is to be reached, the first price point to monitor would be $2.4873. If price does not hold and falls below, that liquidity is taken. We will retrace slightly up and then look for the next price, which is $2.4695.
- If there is no support at that price point, the next price of interest will be at $2.4194. At this point, if the liquidity is swept, due to the liquidity void below, $2.28 is very possible. - Going back to the last big liquidity sweep which was yesterday, price dropped about 2%. A sweep at $2.41 could have a similar effect. Although to reach my estimated price, it would need to be about a 3% drop.
- Over-Projecting: The chart gives me a decent probability of reaching $2.28, but even if it does, I think I will be holding on buying. My true target is the sub-2.20s and maybe the low 2.00s range. However, we may never see that price again.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.