"Bullish expansion into HTF supply. Watching for seller absorption and rejection for a rotation back to demand. Acceptance above supply invalidates the short thesis."
Since we trade with TPO and order flow, don't short just because price touches supply. Wait for:
Aggressive buyers getting absorbed.
Delta turning positive while price stops advancing.
Failure to auction higher (multiple rejections at the highs).
POC starting to migrate lower on the lower timeframes.
That would give us a much higher probability short than blindly fading the zone.
Since we trade with TPO and order flow, don't short just because price touches supply. Wait for:
Aggressive buyers getting absorbed.
Delta turning positive while price stops advancing.
Failure to auction higher (multiple rejections at the highs).
POC starting to migrate lower on the lower timeframes.
That would give us a much higher probability short than blindly fading the zone.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.