Updated
POC line within Fixed Range Volume Profile drawing tool
Not legal and financial advice;
Any information provided here is only the personal opinion of the author.
Any information provided here is only the personal opinion of the author.
Note
What POC is shows us on the current market structure and positioning?The whole May we were in correction mode, plus 2 last weeks of June is the same correction mode with market trying to change the trend and to break higher. Unfortunately for bulls bearish trend is still in play and yesterday market was clearly stopped in long positions. Our magnet is previous POC line of Impulse, PA at this level will determine the next market step imo.
TSTW.
Note
Note
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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.