could not post on time due to 10 post per day limit. I entered as per the drawing tool visualization.
1->3 : creates a lower low , number 2 are dominant sellers
3->4: we see a solid buying pressure coming to meet our
sellers who have pushed the market below the previous
attempt to push up at number 1
what next ?
* a break below support / micro bull turn point with stop
above number 2 would look safe
* from number 2->4 I have a 2nd degree bearish divergence
* increasing volitility and sideways movemnet as market
prepares to open and perhaps pick a direction
* vwap 1st standard deviation from number 1
*extreme of peak #2 might align with vwap and vpoc ,
perhaps a sell stop when price reaches there ... which
it might when volume picks up
*despite price going up, staying under
obv trendline showing selling interest
*micro bear pattern wanted
1->3 : creates a lower low , number 2 are dominant sellers
3->4: we see a solid buying pressure coming to meet our
sellers who have pushed the market below the previous
attempt to push up at number 1
what next ?
* a break below support / micro bull turn point with stop
above number 2 would look safe
* from number 2->4 I have a 2nd degree bearish divergence
* increasing volitility and sideways movemnet as market
prepares to open and perhaps pick a direction
* vwap 1st standard deviation from number 1
*extreme of peak #2 might align with vwap and vpoc ,
perhaps a sell stop when price reaches there ... which
it might when volume picks up
*despite price going up, staying under
obv trendline showing selling interest
*micro bear pattern wanted
all my paid ( pro ) scripts can be obtained for a low price of 19.99 / month at : whop.com/sabr-pro-tools/access-to-all-pro-tools/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
all my paid ( pro ) scripts can be obtained for a low price of 19.99 / month at : whop.com/sabr-pro-tools/access-to-all-pro-tools/
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
