There are 2 intraday levels what will be interest me in this week.
Intraday Short 2 levels is based on Volume accumulation = Acumulation Setup
As i said previously in my posts, the big institutions who move and manipulate the market build up their massive trading positions in sideways price action channels ( rotation area in purple rectangle) . This short 2 level is exactly this case....
Intraday Short 1 = Trend Setup
Volume cluster created within a strong downtrend indicates that sellers were adding to their short positions in this volume cluster.
In this level is no need for any sort of confirmation, i enter the trade at the first touch.
Happy trading
Dale