Expect a new low before higher, resistance at POC, avwap from local low, local .75, above daily VAH. Possible entry with a SFP, waiting for 5min close below the POC.
Daily one time framing down, currently at resistance, SFP of avwap, trendline, daily & POC, a trade you take every day, SL above dnpoc just above.
CPI data just came out, got a wick down into dopen, avwap. negative delta, OI down, but a clear pinbar on the one minute, daily profile below VAL. Tight SL at pdeq.
At resistance, possible rejection at local POC (=dnPOC), trendline, FIb 618 and price action currently above pdhigh. New York might take the daily high and low, expect the high first, retrace to vwap and pdlow. SL just above the .75 in the OB above. 50% TP 94600, keep the rest running, trail SL if in profit.
Backtest POC, dopen, fvg, pd25, target CME close of last Friday, SL pdlow.
After a big dump, noticed a ms change on the 15 min timeframe, would like to trade VAL to POC and possibly VAH, but TP will be avwap, found some support on vwap, middle of new local channel. Consider the low an SFP of the monthly level, the wick touched the middle of prev month eq wick and hit a dnpoc, that's proper support. But more downside is still possible,...
Planned days ahead, support from POC && CC, must take a long now on MS change on lower timeframe. SL middle of channel 95.400, TP1 CME Close at 102k, trail SL 1k. Could also restrace lower to 94.5k, = .75 / weekly, but that's the next lower long entry.
After yesterdays dump, I have noticed local support on a dnpoc, expect a short term bounce to dnpoc above, is also cme close and resistance of uptrend avwap.
After yesterdays dump, I have noticed local support on a dnpoc, expect a short term bounce to dnpoc above, is also cme close and resistance of uptrend avwap.