1. alligator on dailes sleeping ( range bound market)
2. strong trend down previously on 2 hourlies - Volume POC GAP is very large between left eye and mouth;
3. Volume POC each day in white - should make pattern of "clown face frown "
4. First trigger is VPOC move up to "top of LIP ( right part of face crease)
5. Second trigger is price drops back down to EMA below
6. %BB should show at least or 2 dips below 10% during frown formation
7. Gann swing should be -1 ( correction)
8. Buy at market with stoploss -0.15% below lowest VPOC
9. Target should be at least 1.5 * risk.
Please note : I developed this idea - not from StreetSmarts; in trail phase of assessment
Trade active:
after weekend....still in this trade in slight profit....