Hi
I am seeking for answer about Max Pain Level.
As MPL I mean a point or area, which broken, signals for institutions, big players a change in sentiment.
So in other words, if we are in up trend on H1, how far we can go down ( pullback) to say - ok now we have down trend on H1.
What are the correlations with H4 or D1?
Are we looking at D1 close when considering change of sentiment on H1 trend ?
Any ideas ?
I am seeking for answer about Max Pain Level.
As MPL I mean a point or area, which broken, signals for institutions, big players a change in sentiment.
So in other words, if we are in up trend on H1, how far we can go down ( pullback) to say - ok now we have down trend on H1.
What are the correlations with H4 or D1?
Are we looking at D1 close when considering change of sentiment on H1 trend ?
Any ideas ?
estote parati