A Naked Point of Control is an untested point of control which is either time based or volume based and exists in the current market structure.
These NPOCS can serve as excellent targets for trades as well as potential areas of support and resistance dependent upon the NPOC's profile distribution.
I have marked this Bitcoin Chart with Daily , Weekly and...
Why candles wick the way it wicks?
why 95% of the market fails to make money trading crypto?
what I'm about to show you is really top secret analysis only top 5% or less knows.
That my friend is confluence, why do you think 16th jan made a wick at 43.7k ? you might say its market being volatile but it was very clear on 14th jan we had naked POC at that level,...