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 closed after 5 points
- 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 closed after 5 points
Trade closed: target reached:
50% Closed Target Reached