RaxInvestment

RaxInvestment Updated 

Price closed below Value Yesterday Therefore today I am looking for a retest of the Point of Control and a continued move downwards Although the attempted direction was bullish yesterday with a reasonable direction performance Price closed below value at the end of the day, signalling a rejection of the higher value established

RaxInvestment Updated 

Bearish Features dominating the Market Profile today - Open Test Drive - Price has established value lower - Open in value from Friday was rejected and sustained - No range extensions above the IB - Value Area moved downwards - Value Area width increased Monthly Profile broke below and closed below last months POC Half of the short position will be...

RaxInvestment Updated 

Price has been consolidating over the last couple days and there is currently a balanced perspective between buyers and sellers However there was a large responsive tail created by Buyers on Friday and I would like to see this area somewhat revisited as I believe this may be a sign other timeframe buyers. As a result I am looking for a short trade tomorrow from...

RaxInvestment Updated 

Looking for a short trade with a tight stop. If there is any potential left in the current bearish momentum then price should not break out of value to the upside.

RaxInvestment

On Wednesday price bounced into last months point of control and there was an abundance of volume stacked at the low Today price came back into that area and initiative buyers left a tail behind Therefore today, I am interested in the potential of price returning to this area and buyers deem this area to be of good value again, we could see a continuation of...

RaxInvestment

Looking for a retracement into the single print left behind

RaxInvestment

Break above Friday's Value Area and Retracement to the IB

RaxInvestment

- Potential inside double top on the Weekly Candle - Bearish market structure forming on the Daily Chart