DislikedUnexpected UK initiatives after frankurt opening response with lack of spike. Instead i took the corrective trade off previous US VPOC. After such a strong moves inventory would tend to adjust & rotate back down to smooth out the curve a little. The UK session limited range extension essentially signal a hold after a strong UK initiatives. Note the FIB level also corrects to 79%; or now is below DVAL.
So now the immediate reference would be a correctoin back to current control price. Any breach of UK low would signal a change otherwise.
screencap...Ignored
notice.. you short right on 1440/5* poc.
i'm in for the long side
if 520 London dpoc && 550 cleared, we can see the virgin 625 which also vpoc** 7200/30 or maybe 780 28800/240*** poc (in my dream )
*dynvalue 1 days
**dynvalue 5 days
***dynvalue 20 days
...