So, to begin with, I will say that I began to study cluster analysis, began to devote more time to volumes, since in a pair these two tools will allow you to more clearly see the market situation at a given time. Let's look at some points that will clarify the situation a little.
đź”»Price Action: The buyer turned out to be more active than I predicted, so in order to resume selling the price had to go above $ 10,900 and do a test of $ 11,000. However, in the medium term, purchases still do not suit us. I can say this with confidence. Overall expectation about the short hasn't changed đź”»VSA: Main liquidity at 9800, it needs to be taken đź”»Market Profile: The bears were able to keep the POC (point of control) at 11000 and are already below the current volumes distribution, which means short priority đź”»Clusters: In the area of 11k we saw protection. The surge in volume and inefficiency of purchases is a signal of a long-term short đź”»Delta: Control gradually passes to the seller. An important purchase array also passed
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