Indeks S&P 500
Edukasi

How to frame longs without proper pullback

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What you are looking for is a fib retracement. What I am looking for is a correction of imbalances and the end of the intermediate sell cycle (oscillator); meaning picking up of huge money orders that were left behind in a rally

What I am targeting is huge money orders that were left behind in the drop starting at the beginning of an intermediate buy cycle (oscillator). I hope this explanation and visual makes sense. If not we can go back and forth in more detail in DM

One more good note to write down; You can use the top of 30m bearish candles once they are closed above to frame buy entries (these candles become demand zone during sessions; reference my markups)

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