


MatrixEdge
New market structure inside a mid wk reversal or second leg of 3 pushes to the low
Just awaiting volume for next major structure move multi color shaded boxes are different vwap levels painted as a heatmap
MM decided to slam through the 2020. based off volume analysis im favoring high prices plandemic lows
as of today i am favoring the higher price narrative so long as a green vector candle forms sometime this trading day
The strength of the retrace will give optimum buying opportunity and scalp. DWM pivot 2 key area where volatility increases. Volume decrease+ vwap resistance (top chart heatmap) & decreasing momentum oscillator heatmap and trend squeeze. Expecting Thursday LONG LIQS IF PRICE CONTINUES WITH NO RETRACE
ENTRY TIME!! 20+ days of price action wiped out in 1 trading session... which happens to be the false move theoretically
24hr vol profile heatmap All this volume to move +5% Circled area of confluence for either higher or lower prices
The idea of confluence based trading can sometimes be misleading. Below are how some indicators can be used to help weed through price action news and youtube gurus
overview Bitcoin has caught retail by surprise and yet hasn't broken the key 39k level where they started this move. momentum appears to be shifting according to the squeeze indicator volume profile (blue shaded areas represemnt different timeframes volume profile POC the yellow and blue boxes identify vector candles with very high and ultra high volume (hv/uhv)
Following how the MM moves through VSA and mean reversion below are several confluences favoring higher prices
Using only vol based indicators to identify where major market participants step in to shift price either up or down
Using just high and ultra high volume candle paints the picture of where we are likely headed As long as volume decreases on this retrace expect higher prices when the showing of a green vector candle (PVSRA ) A breakdown past 39k would invalidate this idea
Textbook sunday/monday false followed by reversal is complete. bias is higher prices in the short-term
Clear example of VSA at work Ultra high vol (blue volume candle with red arrow) doji candle on UHV (ultra high volume) & vector candl Sunday/Monday false move
15 explains why this false sunday/monday move is important