MBT long/short if-then scenario
Updated
If price returns to discount, then I am looking at Friday's BISI for longs. There is 1D v.POC & t.POC in proximity.
I prefer this first, as untapped t.POC at 69650 is a great initial target for longs
Stop loss near the 67100 local low upon End of Value
The higher probability, if price forces a higher high I am looking for a short
Right above this local high is a t.POC, there is also as SIBI from Thursday. Also a very large volume node & potential for RSI bear div.
I will NOT put blind limits for anything. I will be watching structure on the lower TF (5min) as we approach these key levels; among other edge, & these are just key levels N.F.A.
I prefer this first, as untapped t.POC at 69650 is a great initial target for longs
Stop loss near the 67100 local low upon End of Value
The higher probability, if price forces a higher high I am looking for a short
Right above this local high is a t.POC, there is also as SIBI from Thursday. Also a very large volume node & potential for RSI bear div.
I will NOT put blind limits for anything. I will be watching structure on the lower TF (5min) as we approach these key levels; among other edge, & these are just key levels N.F.A.
Comment
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Volume POC is still untapped, just being patientComment
I would prefer to see the RSI & CVD telling me the same thing, if we can complete this hidden buil div shown here that would be a lot more confluence to enter
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I also may attempt a short at the sweep of the local high while entering the SIBI. If we push there first, I will be looking for entry edge.Comment
indicators not looking great yet, just being patient
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In the sake of preserving risk, I did not try to get cute on any blind longs. It led me well as this is essentially the rest of NY session 
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