#ORCA
Short on the market.
Take profit around: 2.209
Stop loss: above 3.07 But, I am using an entry of 1% of the deposit and cross margin. I am watching the market situation. + I do not rule out a final spike targeting 3.06-3.10
The price shot up almost vertically, breaking the BOS at 2.08 and rising above 2.80.
In such movements, there are always FVG and liquidity below, which are later 'taken'.
🎯 FVG zone at the very top — a trap point.
The upper candle with a long wick and an unfilled FVG — the perfect entry point. It is evident that the price is starting to push down, confirming weakened demand.
3. Below is a bunch of favorite FVG → a magnet for the price
Levels:
2.5150 — first stop (0.382 fibo)
2.3915 — strong level (0.5 fibo + FVG)
2.2679 / 2.1768 — deep retracement points
4. The impulse occurred without correction
The price did not retrace during the rise — which means a return to FVG is almost inevitable. Such pumps often lead to 'return to origin' on 50–70% of the impulse.
Short on the market.
Take profit around: 2.209
Stop loss: above 3.07 But, I am using an entry of 1% of the deposit and cross margin. I am watching the market situation. + I do not rule out a final spike targeting 3.06-3.10
The price shot up almost vertically, breaking the BOS at 2.08 and rising above 2.80.
In such movements, there are always FVG and liquidity below, which are later 'taken'.
🎯 FVG zone at the very top — a trap point.
The upper candle with a long wick and an unfilled FVG — the perfect entry point. It is evident that the price is starting to push down, confirming weakened demand.
3. Below is a bunch of favorite FVG → a magnet for the price
Levels:
2.5150 — first stop (0.382 fibo)
2.3915 — strong level (0.5 fibo + FVG)
2.2679 / 2.1768 — deep retracement points
4. The impulse occurred without correction
The price did not retrace during the rise — which means a return to FVG is almost inevitable. Such pumps often lead to 'return to origin' on 50–70% of the impulse.
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ORCA
2.827
-2.11%