Decisive move above responsive selling ledge, through LVN, would suggest directional conviction and may portend a continuation up to the $100 price target (i.e., 100% projection of balance-area), a strike with a good amount of open interest. Adding, the resting liquidity at the ledge (upper boundary of balance-area) should support any retest.
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This page is where we look to share knowledge and keep track of trades. Feel free to comment if you have questions, concerns, or suggestions. Everyone can improve, so speak up if you see something wrong!
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.