A Naked Point of Control is an untested point of control which is either time based or volume based and exists in the current market structure.
These NPOCS can serve as excellent targets for trades as well as potential areas of support and resistance dependent upon the NPOC's profile distribution.
I have marked this Bitcoin Chart with Daily , Weekly and...
This weeks price action was phenomenal on EURUSD. We had a clear bullish run respecting the order flow of the move.
After each break of structure, price was mitigated back to the order block that caused the breakout.
Over and over like clockwork.
If you can understand and grasp concepts like this, you can trade and stack positions when we have clear trending weeks.
