This chart shows various levels and a time range to consider for Friday 06 May 2022.
Time Range
Looking at past Fridays the most prominent time for price to pivot is between 1100-1145UTC. The " Market Maker | Technical Time Analysis" settings have been updated to future project the UTC times 1100 and 1145. At this range of time I will be monitoring for a bullish or bearish candle type and what level price is at ( support/resistance ).
Daily Open
The Daily Open has been acting as resistance so far this morning, so this is a level of interest for me.
Session High Low
The "Market Maker | Sessions | Initial Balances | Range Stats" shows the Asia Session has created a tight session high and low.
Levels
The " Market Maker | POCs | Daily | Weekly | Monthly" highlighted a Naked Point of Control (nPOC) that was wicked yesterday from the 24 Feb.
There are several Naked Levels that could play an important role from the 24 Feb:
- Naked Daily Open from 24 Feb.
- Naked Value Area Low 24 Feb.
- Naked Daily Low 24 Feb.
Zone
The green zoned area is in relation to my Higher Time Frame (HTF) chart
Summary
Some times not having a trade for the day is not a bad thing. But waiting for the trade to come to your Areas of Interest (AOI)/Levels can be hard work. I am going to wait for a reaction and then go from there. But my general feeling is that there are too many levels/areas below price that are of interest to me. So I will be waiting to see if price moves down before I consider a LONG trade.
Indicators used:
Market Maker | Technical Time Analysis
Market Maker | POCs | Daily | Weekly | Monthly
Market Maker | Sessions | Initial Balances | Range Stats
Time Range
Looking at past Fridays the most prominent time for price to pivot is between 1100-1145UTC. The " Market Maker | Technical Time Analysis" settings have been updated to future project the UTC times 1100 and 1145. At this range of time I will be monitoring for a bullish or bearish candle type and what level price is at ( support/resistance ).
Daily Open
The Daily Open has been acting as resistance so far this morning, so this is a level of interest for me.
Session High Low
The "Market Maker | Sessions | Initial Balances | Range Stats" shows the Asia Session has created a tight session high and low.
Levels
The " Market Maker | POCs | Daily | Weekly | Monthly" highlighted a Naked Point of Control (nPOC) that was wicked yesterday from the 24 Feb.
There are several Naked Levels that could play an important role from the 24 Feb:
- Naked Daily Open from 24 Feb.
- Naked Value Area Low 24 Feb.
- Naked Daily Low 24 Feb.
Zone
The green zoned area is in relation to my Higher Time Frame (HTF) chart
Summary
Some times not having a trade for the day is not a bad thing. But waiting for the trade to come to your Areas of Interest (AOI)/Levels can be hard work. I am going to wait for a reaction and then go from there. But my general feeling is that there are too many levels/areas below price that are of interest to me. So I will be waiting to see if price moves down before I consider a LONG trade.
Indicators used:
Market Maker | Technical Time Analysis
Market Maker | POCs | Daily | Weekly | Monthly
Market Maker | Sessions | Initial Balances | Range Stats
관련 발행물
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.