The thesis for the opening bell are still the same relative with the overnight session, we are opening on the previous high, the overnight price move is 90% long and the overnight POC is not prominent (the chances of a break are high).
I expected a correction in the beginning of the session to get involve in the long side, previous POC ( 3376,75) could be a support zone for that move, the poor range extension (3397,25) and the weak - poor high ( 3413) from thursday make me think that if we break yesterday´s high it wolud be the places to target.
The other hand, if we not get the correction we can wait for a rotation above previous high to target previous weak and poor points.
Levels of reference:
Previous high: 3392,5
Previous POC: 3376.5
Thursday´s range extension: 3397,5
Thursday´s weak high: 3413
I expected a correction in the beginning of the session to get involve in the long side, previous POC ( 3376,75) could be a support zone for that move, the poor range extension (3397,25) and the weak - poor high ( 3413) from thursday make me think that if we break yesterday´s high it wolud be the places to target.
The other hand, if we not get the correction we can wait for a rotation above previous high to target previous weak and poor points.
Levels of reference:
Previous high: 3392,5
Previous POC: 3376.5
Thursday´s range extension: 3397,5
Thursday´s weak high: 3413
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.