Watching the 4H chart, it is clear that there are HHs & HLs. It has broken a very important daily resistance zone, 125.000 and now seems to be acting as a struggling support. This S&R zone also matches the 3rd strike on the lower TL, and also matches the 23 Fib level if you start it on the body on the flash crash instead of the wick. Taking it to the 12h frame we can see a spinning top, and the 8h/6h seem to be throwing wicks to the downside signifying a struggle to break the 124.800 zone. TP1 will be 126.000, TP 2 will be 126.770
Commentaire:
Failed to analyze from top to bottom. Dont forget to constantly look at weekly before daily and lower tfs. Clear HL& and LL being formed. Also, MAJJOOORR weekly s&R was in the zone where you bought.