Es1! zones after market open
These zones were created by combining several indicators, as well as Fibonacci and volume profiles.
I started by laying out 3 point spread rectangles on high volume nodes on the volume profile, and then refined those zones based on previous consolidations. I mapped out auto-fib retracement levels (as well as reversed auto-fib levels), and 1hr woodie pivots on a 1hr timeframe. I switched to standard pivots and mapped those as well. With all of these levels marked, I looked for areas where they were grouped and further refined the rectangles. I also noted where the 34/50 ema cloud was in relation to the zones.
I started by laying out 3 point spread rectangles on high volume nodes on the volume profile, and then refined those zones based on previous consolidations. I mapped out auto-fib retracement levels (as well as reversed auto-fib levels), and 1hr woodie pivots on a 1hr timeframe. I switched to standard pivots and mapped those as well. With all of these levels marked, I looked for areas where they were grouped and further refined the rectangles. I also noted where the 34/50 ema cloud was in relation to the zones.
Disclaimer
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.