As you can see optimism developed strong HH and LL after a liquidity grab from previous week , now optimism starts the week in discount price if zone passes to premium price there enough liquidity to get to 6dlls
As mentioned, GME didn’t left premium discount range but by the nature of the great range losses could be taken if any stock was bought in the below the upper limit of discount price. Now its developing a Trend Change.
Practically they have performed a reversal known equivalent as a rug pull generated by investors rally , this has lowered price while they take advantage of liquidity generated, for now S&D zone is being establish under Premium Price considering the ~200% 2021 target. Based on this the HH might be lowered to at leas a 30% , thus 60+ dlls which is considered a...
in 2021 GME unjustified and most likley no t approved by many Financial Institutions Created its historic HH , this means Liquidity generated by that moment is still around to create a new HH with this Trend Change and Structure Break which so precisly grabs liquidity to generate its HH of the day.
Meta grabs liquidity from Buyers at Supply zone then enters a range for S&D zone , for now its at Discount Price Range good long reversal expected unless theres not enough liquidity and create Trend Change to Short
