Still looking to complete an edge to edge move within the kumo cloud on the 4D chart. Support currently holding at the bottom of the cloud as expected.
Once we are back above the Kijun-Sen (Purple Base Line) and the Point of Control (Red Line indicated by the VPVR/Volume Profile) at $5.29, the target is an easy $12 as the long flat top of the kumo cloud acts as a magnet.
POC or Point of Control is the highest volume node on the volume profile. Traders use POC as support and resistance or an important retest point.
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.