This an update to yesterdays
TV Idea.
I took no trade yesterday as I was expecting lower.
There are so many levels to consider on the chart as potential Support or Resistance.
I have two plans today:
Plan 1
TV Alerts on the levels currently below price and monitor candlestick patterns of a long. I feel that the the Naked VAL and Low from 24 Feb will be strong support and this might be where I take my long trade, but I will analyse candles and volume when this happens.
Plan 2
Wait for a clear break of the developing daily VAL/VAH, then use the levels above a Take Profits.
Indicators used:
Market Maker | Technical Time Analysis
Market Maker | POCs | Daily | Weekly | Monthly
Market Maker | Sessions | Initial Balances | Range Stats
I took no trade yesterday as I was expecting lower.
There are so many levels to consider on the chart as potential Support or Resistance.
I have two plans today:
Plan 1
TV Alerts on the levels currently below price and monitor candlestick patterns of a long. I feel that the the Naked VAL and Low from 24 Feb will be strong support and this might be where I take my long trade, but I will analyse candles and volume when this happens.
Plan 2
Wait for a clear break of the developing daily VAL/VAH, then use the levels above a Take Profits.
Indicators used:
Market Maker | Technical Time Analysis
Market Maker | POCs | Daily | Weekly | Monthly
Market Maker | Sessions | Initial Balances | Range Stats