On the eve, our indicator of open interest gave a leading signal to a short position, however we were attracted by rising volumes and stopping at POC SUPPORT.
The bear line of the trend has broken through and now there is a boarding of passengers, if POC SUPPORT holds the position, then it signals the impending movement at least in the upper boundary of the POC 1 resistance range, or the unbalance zone
Additionally, they signal about the forthcoming movement of divergence of open interest and CMO
Is it possible that POC SUPPORT will not hold the position? Of course, we can expect, but no real plans for smart people except them, however, in our power to monitor their actions
To open a long position is risky enough and costs only for a short period, but promises to enter the market at a good price