we have 3 entries for today with high probabilities for entreis, 2 long and 1 short
Let us deep dive into all the reasons why these levels mentioned above needs to be considered in taking the next trade. Used OI, CVD, BidAsk candle using ATAS. 1&2:Explains why should we wait for trades to come to us As you can see 1 did not work as expected, but 2 gave us a good rejection. Lets look deep into the Bid ask candle and OI at these levels ...
speculation but an observation, have seen this work multiple times mostly on BTC. Lower time frame we can see how respectful was the vwap, depending on MS we can enter on level but SL at high.
Just hear me out, this is the 2nd time I'm seeing a move like this other than the clear rejection from the npoc of the last 2 days, if you look closer to the GP formed today morning could be a possible speculation but a small observation i call Ghost of Golden Pocket (GGP) Also a friendly reminder to look for other confluence on the POC that level was a GP and 2DPOC
Eternally grateful for chartchampions igor for this type of trading strategy.
golden pocket and previous day naked point of control aligned perfectly on this one, do learn more about chart champions cuz they are the only traders who can find these complex levels and strategies. if your analysis involves golden cross then we cant be friends😒😜
if im shorting this is where im going short. is there any bad news building up waiting to crash the market 😉
Monthly BTC summary In hindsight every trades are very obvious(i know that), but JAN22 took the best of us by choppy market and very cruel stoploss hits, being stopped out multiple times this month really makes you question your career choices and this month just had it coming. This is the basic summary of JAN helpful indicators for POC i used this month...