


I’d prefer to see price drop into the weekly FVG or weekly OB before looking for any new long positions. The $2,800 level has been rejected for 5 consecutive weeks, and in my opinion, we need to grab some liquidity before we can make a push toward $3,100.
After a clear accumulation phase, we've seen a manipulation spike followed by distribution. Price has now pulled back to the top of the previous accumulation zone, which I view as a strong demand area. I'm entering long from this pullback with a target around $3,000.
Looking at the chart and technical analyses only, I would expect price to grap some liquidity, fill in the imbalance created on the 10th of december and from there going lower breaking the strong support at 1.045.