Disliked{quote} Answer is yes and no... If you are looking for Classic Sonic R setup, then definately no. If you are looking for bottom entry with PVSRA, then maby, but I'd say maby too early. If you are building long position with MM's, I'd say definately yes. There are high impact EUR news coming in 15min, so it might be that those news push the price even lower. Then again, those news might start the MARK UP. It is being said many times, that for highest propability setup, first define with PVSRA if the MM's are bulls or bears. After that, wait for proper...Ignored
Did left pending order and clad I did! Thought that price could go under half number. Love the news
Now here's marked those "support of direction" volume candles I meant. After the bottom/top has been reached, for confirmation I am watching these to appear. Open from bottom, close at top candle with very high volume. For me, this tells that MM's are ready to start the big move. Also after estimated top/bottom has been reached and price is fails to make new high/low with high volume candle being the highest/lowest on that wave, that's confirmation of direction change in price for me.
Hope this helps!
I know the secret...