13:45 YOu can see a POC forming around 182. 64. But also you can see that there are more shorts than longs, and also there is a larger POC up above from yesterday around 184.07.
It is quite possible that the new shorts are going to get trapped if/when the market corrects back vfrom here to the Magenta VWAP around 182.7 just below Ichimoku Cloud, but then if the new POC doesn't hold, could see a strong run back up to old 184.07 level to fill that gap. This is also a clear setup in 30 min timeframe and I left comment on that.
So the idea is to buy NOW and more lower in expectation of AT LEAST a pullback to current VWAP and POC around 182.64. It is almost impossible that such a pullback won't happen today-tomorrow unless there is some sort of earth-shaking development of course.
It is quite possible that the new shorts are going to get trapped if/when the market corrects back vfrom here to the Magenta VWAP around 182.7 just below Ichimoku Cloud, but then if the new POC doesn't hold, could see a strong run back up to old 184.07 level to fill that gap. This is also a clear setup in 30 min timeframe and I left comment on that.
So the idea is to buy NOW and more lower in expectation of AT LEAST a pullback to current VWAP and POC around 182.64. It is almost impossible that such a pullback won't happen today-tomorrow unless there is some sort of earth-shaking development of course.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.