Trading range based on POC volume level - #WIF
📌This situation is very notable for the trading range, which is based exclusively around the POC level, within which we can observe a test of the support zone and a local struggle for the level of 2.7884 $
📝I think that in the near future we may see an upside pullback to the resistance zone, where we will see a small correction before the main movement to $3.68.
🔜I plan to enter the trade from аcurrent ($2.77-$2.8) levels.
🛑 Stop loss will be at the level of
($2.4)
✅First take ($2.994)
✅Second take ($3.36)
✅Third takeout ($3.68)
When the first take is reached, stop loss should be replaced to the entry price. Reaching the third take will be 33% of net movement.