COOK analysis (4H)
It seems that COOK is oscillating within a neutral zone, often referred to as a "Trading Range."
In trading ranges, liquidity pools often form at the tops or bottoms of the chart, which both sides hunt.
It’s expected that, based on higher Ls, the liquidity pools at the top of the chart will be swept first, followed by a return to the liquidity pools at the bottom.
In trading ranges, price typically tends to bounce between the ceiling and floor.
For each buy and sell setup, we have defined an invalidation level. A daily candle closing below or above these levels will invalidate the buy or sell setup.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
In trading ranges, liquidity pools often form at the tops or bottoms of the chart, which both sides hunt.
It’s expected that, based on higher Ls, the liquidity pools at the top of the chart will be swept first, followed by a return to the liquidity pools at the bottom.
In trading ranges, price typically tends to bounce between the ceiling and floor.
For each buy and sell setup, we have defined an invalidation level. A daily candle closing below or above these levels will invalidate the buy or sell setup.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
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💎 Exclusive signals are only shared on our Telegram channel
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