this techincal setup so,, depend upon buyers sellers, how much willing to buying or sell,, the market some level, so it maybe price will be reacting. price can break market structure , as well sellers push the price down , as well we can look lower time fram,,, how day was playout.. m30,, will show clear picthure,, how market start to end,,
WTI was short sell off after rejection from top side sell, to down side respecting itl level, and npoc.. after agrrasive push the market up ward , look like double distribution
WTI techincal setup so marking levels, potential, trade loction where the speculators belive to to take risk and profit , we are looking for we are looking for markert pop up, up side or down side building resistance. we enter after speculators jump on board.
long postion,, not in the crowd, still, people looking for get in make money , not real price descovery,, volume spike, orderfow, quntities of volume,, buying pushing the price up..
This Technical setup, based on market structhure, market can change the direction depend on supply and demand. market can test poc, market still didnt test montly pivot ,
It's slippery out there - both up and down. But especially down. Just a basic roadmap to navigate the blizzard and potential avalanche. Expect similarly dangerous slopes for SPX and NDX. - Perma Frost Pig AMEX:DIA CURRENCYCOM:US30 SPCFD:SPX NASDAQ:NDX