Can you hear the volume? It is singing you a song of the bear once again...
Looking to fill lower nPOC unless 20MA on H4 can hold.
Notice the volume spike upon SFP. Now 42-43k should be strong wall for bears.
Notice the volume cluster pushing us up to local highs and new volume cluster rejecting 43k. Expecting 40-43k chop for a couple of days.
—————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into a trade. Let it come to you. Don’t force it. 2. Find a strategy that works for you and be consistent. Operate like a machine and less like the wind. 3. Let your winners run and cut your losers short. 4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win! 5. Before you enter a trade, know your target AND your exit strategy. 6. Never use just 1 indicator for confirmation. 7. Set Perimeters and remove emotions from the equation. (stop loss, take profit levels, etc) 8. Don't fight the trend. The trend is your friend. 9. Price Action greater than Indicators/Fractals/MAs 10. Horizontals greater than Diagonals
Please Note:
- This is not financial advice. - I do not take every trade I post. - Never trade off of someone else's chart until you DYOR!