The above chart is just an idea, but its something to consider.
Looking from the left to the right.
On 13 - 14 Aug there was 9-10% move, this move was then supported by price 45981 (marked as green arrow).
45981 has then acted as strong support and resistance (marked as red circles)
The VPVR pull on 19 - 20 Aug, shows a Low Volume Node area and/or Single Prints ranging from the support 45981 to 46324.
My prediction is that there will be a quick drop to take out traders who have their stop losses below the Point of Control (POC) (highlighted in red), this will proceed with a move up.
A potential ladder order using the range above.
Rough 1% stoploss 45400.
Good luck trading stay safe.
Looking from the left to the right.
On 13 - 14 Aug there was 9-10% move, this move was then supported by price 45981 (marked as green arrow).
45981 has then acted as strong support and resistance (marked as red circles)
The VPVR pull on 19 - 20 Aug, shows a Low Volume Node area and/or Single Prints ranging from the support 45981 to 46324.
My prediction is that there will be a quick drop to take out traders who have their stop losses below the Point of Control (POC) (highlighted in red), this will proceed with a move up.
A potential ladder order using the range above.
Rough 1% stoploss 45400.
Good luck trading stay safe.