Im expecting price action to find support at one of the 3 levels below.
Golden pocket (618 fib retracement) (786) is a stronger level for rejection
Orderblocks below after the imbalance Fair Value Gap
Volume Profile (search PVP indicator) Amazing Tool! The Volume Profile (blue and grey streaks) are set to daily sessions The blue areas show you the value area high and low. The white lines are Daily Points of Control (highest traffic stops) the "Fair Value" of the asset.
Note
Would be great to see this bounce continue up with money flow on NAMI indicator going to green. We aren't there yet.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.