AUCTION — The giant whale energy has erupted, waiting for a pullback to the demand zone
Bullish AUCTION
Entry: 6.65 – 7.15 (waiting for a pullback to the FVG gap area)
Stop Loss: 6.10 (breaking below the explosion starting point structure)
First Target: 7.90
Second Target: 8.45 (testing the previous high liquidity)
Third Target: 9.20+ (price discovery phase)
Logical Analysis:
The price has completed a violent breakout from the long-term accumulation zone at the bottom, with trading volume increasing exponentially, confirming the strong intervention of the main funds. The current vertical surge has left a huge FVG (fair value gap) on the chart.
Although the current momentum is extremely strong, chasing the price higher directly has a poor risk-reward ratio. The price typically tends to pull back to fill the liquidity gap below (i.e., the DP FVG area marked in green on the chart). As long as the pullback does not break below the key support at 6.50, this will just be a healthy "refuel," followed by the start of the second wave of the main upward trend.
Trade here (contract) 👇$AUCTION
