Disliked{quote} Yesterday pit session high taken out. Now for continuation we need acceptation above both overnight high at 2508 and yesterday pit high at 2524. If so, we could aim at 2556 and 2563 as written.Ignored
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Disliked{quote} Yesterday pit session high taken out. Now for continuation we need acceptation above both overnight high at 2508 and yesterday pit high at 2524. If so, we could aim at 2556 and 2563 as written.Ignored
DislikedRemember that 2524 is a major short/mid term reference as it is the half back pit bracket from 02.02 to 07.02. Yesterday pit session tagged it exactly and it is for this reason that I wrote about this nuance yesterday.Ignored
Disliked.... The notable fact of today is the rejection (too exact in my opinion but it could happen) of the 2524 level (half back of the upper pit weekly bracket)Ignored
Disliked{quote} I sure hope it does, I wanna close my trade at 1.252X region, or heck, 1.253X region. Cheers.Ignored
Disliked{quote} are you using Locks market profile attached on the first page of this thread?Ignored
Disliked{quote} please read the very first post on the first page of this thread.Ignored
Disliked{quote} well if you read it you should have figured out the point by yourself my friendIgnored
Disliked17/04/03 MONDAY 08:25+1GMT (edited 8:40) EARLY MORNING REPORT ... ... and the price zone from 25075 to next GB open will become a triple pass gap (as it will overlap both the previous gap downside from March 28-29 and the older gap upside from 03.24-27) If so, considering that a triple pass gap is rarely left unfilled we could experience a correction in the direction of 25075. I'm not saying it has to do it, but it is very possible. ...Ignored
Disliked17/04/03 MONDAY 08:25+1GMT (edited 8:40) EARLY MORNING REPORT... Consider anyhow that price is currently balancing above the major composite poc at 2481 and if price will break downside from current overnight range to much the possibility to be attracted by this volume pole are high.Ignored
DislikedFurthermore Friday pit session left 2 minus development during its run upwards and these zones could attract price also during upcoming pit session. Finally note that Friday pit session made a pull back low test with its M period at 25215: this will be our major reference for upcoming pit session this afternoon. .....Ignored
Disliked{quote} As you see price finally reached 2481 and bounced from there during preUS. It is still a potential price attractor even for pit session. So if pit session will not be accepted inside overnight range (where it is currently) watch out for a new test of it (2481) If instead you will see continuation upside and acceptation here, we may see pit session go upwards in order to remove the 2 poor high at 25475 and 2556. Then remember also this: {quote}Ignored
DislikedNote that currently we have 3 pit poor highs at 25155, 25475 and 2556. Plus we have today GB poor high at 25365 and today Tokyo poor high at 25535. So we got 5 poor highs all together above. From here it could do 2 things: liquidate significantly, assuming that all these poor highs mean lack of buyers (inventories too long) or go upwards and take them all out.Ignored