GU has been falling down and closing low for 4 consecutive days. probability of having a 5th red day is ~4.86 % with that on our side and PD buyers gaining control over sellers with sentiment line rising towards buy zone, we have good EV to go long as the price clears and opens above PD POC. not tagged in the position. will wait for confirmation first. will...
Price just took support from this year's AVWAP and pushed back up. PD buyers pushed price up. Sentiment line in perfect buy zone. entry if and when price clears current POC zone and opens above it with good MACD. 1:1 note - not tagged in the position yet. will add note once in the position.
PD buyers = 213 PD sellers = 193 L50 = BUY ZONE Tag of Main POC = Yes Tag of Secondary POC = YES Consecutive day = 2 LONG DAYS
buyers caught the price PD and POC was formed towards the end of NY session at the lowest price. daily TF also looks good for shorts
8-20 on daily curling up. i see an up shift coming in oil price cleared POC today. coming off of AVWAP and POC. Sentiment in buy zone. good MACD. entry long, with SL below POC.0
Potential spx short entry coming up. if price breaks and holds below ARL we will enter short. I will update if things set up for the short. not tagged in this entry yet.
high vol profiled PD Good sentiment line and buyers heavy PD entry right after close and open above the POC.
Too many high volume profile bars. entry only if it comes beyond PD volume bars.
sellers in control PD. tag of main POC from today and price fell down looking for short entries once price breaks down from the current POC and breaks asia low. chop is expected in this trade. half a % risk.
sellers caught up the price towards the end of NY session and formed sell side POC we can go short once price breaks out of POC and closes below it. be very careful as price tags PD AVWAP, can observe sharp reaction from it. managing this position very actively.
price has been trading in a zone for last 2 weeks. (zone marked) let's wait for it to break out of it?
5 consecutive short days good day for longs wait for price to clear buy side POC and then we can go long.
L50 in sell zone long crossover majority of time 2/2 in favor of long 6th consecutive day = yes but everything else looks good for long
prob of 6 short days is 2.2% good day to go short. price broken out of POC already in asia session. look to enter short.
price BO and holds above Sec POC and buyers hold over during asia session we can look for longs.