if we can remain above the lower market structure area and break above this 15 minute high, we should continue the trend toward the upper value area high.
Comment:
$4.20 is the high target
Comment:
if we end up confirming a downtrend beneath this range $3.24 is the next short level
Comment:
looks like a hard sell on the daily
Comment:
looking at all the value area and market structure levels
its easy to build a large short position on these highs daily
its easy to build a large short position on these highs daily
Comment:
were at -2 SD VWAP i would close short
Comment:
according to range finding and analytics this is a sell until its back inside the visible range
Comment:
the daily ml/nn/cc divergence is extreme, and it would take a lot of momentum for this to continue rebounding