The logic of placing an order above 91,000 is also quite simple. I just took a quick look at the liquidation map, and there is quite a bit of liquidity around 91,000. It didn't go down several times before, always trying to probe this level. However, placing long orders below the resistance level still carries higher risk. Just take a small rebound and run.
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The logic of placing an order above 91,000 is also quite simple. I just took a quick look at the liquidation map, and there is quite a bit of liquidity around 91,000. It didn't go down several times before, always trying to probe this level. However, placing long orders below the resistance level still carries higher risk. Just take a small rebound and run.