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Song Xiqing: Monthly POC + FVG confluence, after a retest of 62.7k, target straight to 65.6k, then reverse and short.
After yesterday's Asian session sell-off, the price dropped near our 60-61k AOI, but that area was front-run, and now we are back above 64k.
There are still liquidity orders within our area, but based on current PA, I think the price will extend directly upward, targeting the 65.6k zone before 60k.
What I'm watching now is the price retesting the 62.7k level, because that area is our monthly POC and there is an FVG there.
So I expect price to test that area, then continue to push up, clearing the 65.6k high,
from there it should meet resistance and pull back, eventually heading to the downside liquidity hanging at 60.5k.
Overall, 65.6k is where I'm looking for a short entry now.
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