NQ violated the swing low, which is an early confirmation that price might continue lower mid-term. A break — a close below the violation — is still needed to confirm the continuation, but the analysis already gives me a valid pullback target.
Right at that pullback target sits an algorithmic reaction zone, which adds weight to the location. The current downtrend's volume profile also has its POC around the same pullback target. Volume, the value-based reaction zone, and the algorithmic reaction zone all lining up at one location gives me a high-probability spot for a swing trade.
PD reference points add more weight to the directional read. A break higher puts the high volume node in as the main reference, with the new swing high as invalidation for continuation lower. A break lower confirms the continuation and marks the upper PD reference as sub-structure high.
Monday's high is the reference I'm using to monitor the pullback.
Grab the chart or zoom out on the preview to see all zones.
Trade Idea
Short on the overlapping price where the value-based reaction zone and the algorithmic reaction zone meet. Risk reference is the upper PD reference. Final target is the swing low.
Shared for educational and analytical purposes only — not financial advice or a trade recommendation. Entries, stops, and targets are shown for study, not signals to copy.
Right at that pullback target sits an algorithmic reaction zone, which adds weight to the location. The current downtrend's volume profile also has its POC around the same pullback target. Volume, the value-based reaction zone, and the algorithmic reaction zone all lining up at one location gives me a high-probability spot for a swing trade.
PD reference points add more weight to the directional read. A break higher puts the high volume node in as the main reference, with the new swing high as invalidation for continuation lower. A break lower confirms the continuation and marks the upper PD reference as sub-structure high.
Monday's high is the reference I'm using to monitor the pullback.
Grab the chart or zoom out on the preview to see all zones.
Trade Idea
Short on the overlapping price where the value-based reaction zone and the algorithmic reaction zone meet. Risk reference is the upper PD reference. Final target is the swing low.
Shared for educational and analytical purposes only — not financial advice or a trade recommendation. Entries, stops, and targets are shown for study, not signals to copy.
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.
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.