We got a bullish impulse leaving an imbalance to get a healthy trend price needs to mitigate. The marked zone would be the best level to reenter the trade.
To note that the buy side liquidity on the 4hr timeframe still need to be grab that would be our target level around 1982 but I still think that the price has to test also the 2002 level to fill the imbalance on the 4hr timeframe before going for a potential further down.
My strategy is mostly based on supply and demand concepts and I also acknowlede that no analysis is 100% accurate so I focus more on risk management. Good trade everyone.
To note that the buy side liquidity on the 4hr timeframe still need to be grab that would be our target level around 1982 but I still think that the price has to test also the 2002 level to fill the imbalance on the 4hr timeframe before going for a potential further down.
My strategy is mostly based on supply and demand concepts and I also acknowlede that no analysis is 100% accurate so I focus more on risk management. Good trade everyone.