The selling at night, gaped down and gap filled during the day, would you expected anything different tonight and tomorrow intraday trade? the pattern is there for all to see. LOL
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My comments are for entertainment/educational purpose only. NOT a trade advice.
On the Volume profile, it is clear the last 5 days the value area have been lower every day, POC is orderly trade, the only one V-POC left unfilled is at 3950, this will be fill some time, the key take away is once we have a positive reversal there is room to new high to fill that but for now if we trade the value the market is pointing down until the value area is upping. not seeing that atm. per market/volume profile there should be more down side to lower V-POC (3830) and couple more under that level. sorry can not show chart if someone can post volume profile to go with this will be nice.
My comments are for entertainment/educational purpose only. NOT a trade advice.
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