The above chart is just an idea, but its something to consider.
Looking from the left to the right.
On 13 - 14 Aug there was 9-10% move, this move was then supported by price 45981 (marked as green arrow).
45981 has then acted as strong support and resistance (marked as red circles)
The VPVR pull on 19 - 20 Aug, shows a Low Volume Node area and/or Single Prints ranging from the support 45981 to 46324.
My prediction is that there will be a quick drop to take out traders who have their stop losses below the Point of Control (POC) (highlighted in red), this will proceed with a move up.
A potential ladder order using the range above.
Rough 1% stoploss 45400.
Good luck trading stay safe.
Looking from the left to the right.
On 13 - 14 Aug there was 9-10% move, this move was then supported by price 45981 (marked as green arrow).
45981 has then acted as strong support and resistance (marked as red circles)
The VPVR pull on 19 - 20 Aug, shows a Low Volume Node area and/or Single Prints ranging from the support 45981 to 46324.
My prediction is that there will be a quick drop to take out traders who have their stop losses below the Point of Control (POC) (highlighted in red), this will proceed with a move up.
A potential ladder order using the range above.
Rough 1% stoploss 45400.
Good luck trading stay safe.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.