P-Shape Formation = Short Covering + Strong Buyers
*Possible end to a downtrend if we can confirm the market structure change.
TP1> If we manage to Trade/Bid above MAIN POC 3905, I want to see a break above previous POC 3914 (BEARS LIS) to support the upside trade. After than we can go for 3934 > 3960 > 3980 3995.
TP2> If we manage to Trade below MAIN POC 3905, the downside is 3886 > 3874, where maybe we can have a BULL Fight, if lost we can ride back to 3858 > 3850 Naked POC.
*All trades must be taken after IB (Initial Balance) 9:45am-10:00am
#tradesafe #sizekills
Options & Futures Trader