DONUT retrace from 200% run up

٢٢ أغسطس ٢٠٢٣

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.

٢٣ أغسطس ٢٠٢٣

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Price fell and found support at the imbalance level.

٢٣ أغسطس ٢٠٢٣

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

٢٥ أغسطس ٢٠٢٣

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Approaching a large imbalance area on the 1hr possible rejection

٢٦ أغسطس ٢٠٢٣

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٤ سبتمبر ٢٠٢٣

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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.

٤ سبتمبر ٢٠٢٣

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two future price action key levels

١٩ أكتوبر ٢٠٢٣

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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.