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POC

SPX hitting huge excess area, which way will it go next?As you can see, the price is sitting in a large excess range, trying to push higher with the bullish momentum since the opening. Looks like it is feeling lots of selling pressure. But if we can break up and into the higher naked value area, there is great opportunity for a bull run to the value area high. Otherwise, we might go back to the value area from yesterday's price action. What's your take?? Will we go up or down?
SP:SPX
by PtGambler
EURJPY – SHORTThe possibility of selling from the Major Resistance Level and Supply Zone. Sell on a false breakout! The target is POC level in Demand Zone. EURJPY – SHORT ENTRY PRICE - 146.550 SL - 148.000 TP - 142.200 Always follow the 6 Golden Rules of Money Management: 1. Protect your gains and never enter into a position without setting a stop loss. 2. Always trade with a Risk-Reward Ratio of 1 to 1.5 or better. 3. Never over-leverage your account. 4. Accept your losses, move on to the next trade and trust the software. 5. Make realistic goals that can be achieved within reason. 6. Always trade with money you can afford to lose. Please leave your comment and support me with like if you agree with my idea. If you have a different view, please also share with me your idea in the comments. Have a nice day!
Short
by Profit_Trader
1
WTI Crude Oil headed for 96?Following a 3-day pullback from 93.64, WTI produced a bullish engulfing candle on the daily chart which closed back above the 20-day EMA. Given the strength of the rally from the 76.30 low, we suspect a corrective low has been found. The 4-hour chart shows that there was a lot of trading activity around 87.60 since the September low (which marks the volume POC / point of control). But also note that yesterday's low held above a previous bullish engulfing candle on the 4-hour chart, rebounded above the 200-bar EMA and a bullish engulfing candle closed firmly above trend resistance. Prices are pulling back in Asia so we're now looking for opportunities to enter long above the 88.0 area / monthly R1 pivot point, and anticipate prices to retest the 94 highs and head for 96 - or even the high around 97.66.
NYMEX:CL1!Long
by CityIndex
BTCUSDT Swing Short Targets 20900, 20200, Naked POCsSwing shorts to 20900 and 20200 are a very good bet. These are NPOCs from July 5, 6, and 7. It is rare when the price does not return to a previous POCs, so they are very good targets. POCs from HTFs (higher timeframes) are especially good targets because the higher time means more volume during that time period than LTFs (lower time frames) The volume at a POC is too significant for traders to not bring the price back to it. Until the price the returns to that POC, the POC is naked. On Bybit's BTCUSDT perp market, the daily POCs from July 5, 6, and 7 are naked on a 1 tick bid/ask profile chart. The POCs are 20900 : July 7 20200: July 5 AND July 6 POCs (naked and virgin) POCs are points of control. They are prices that had the highest volume during a time period. The high volume at that price means traders are strongly motivated to bring the price back to that POC value. After a time period has closed, until the price returns to the POC of that period, in the jargon of order flow trading, the POC is called a naked or a virgin POC.
Short
by UnknownUnicorn17032407
LINKUSDT map for a potential downtrendThat's my ultimate speculative map for a potential downtrend anatomy for LINKUSDT. We have a reversal Head and Shoulders top in formation, which a pullback to neckline can occurs in a retest of broken dynamic trendline. If the price remains bearish, a test of the volume point of control POC can be expected. Then a potential downtrend in a parallel channel formation can be expected w/ lower highs retesting the dynamic trendline / resistance. The final target is the D point from prior Butterfly pattern.
Short
by firmestudio
AUDUSD – LONGBuying opportunity from Major Support Level and Demand Zone . Buy on a false breakout! The target is next POC level in Supply Zone. AUDUSD – LONG ENTRY PRICE - 0.67400 SL - 0.66700 TP - 0.69550 Always follow the 6 Golden Rules of Money Management: 1. Protect your gains and never enter into a position without setting a stop loss. 2. Always trade with a Risk-Reward Ratio of 1 to 1.5 or better. 3. Never over-leverage your account. 4. Accept your losses, move on to the next trade and trust the software. 5. Make realistic goals that can be achieved within reason. 6. Always trade with money you can afford to lose. Please leave your comment and support me with like if you agree with my idea. If you have a different view, please also share with me your idea in the comments. Have a nice day!
Long
by Profit_Trader
GBPUSD - LONGConsider the formation of North Impulse from Major Resistance Level. Buy on a false breakout! The target is next Supply Zone. GBPUSD - LONG ENTRY PRICE - 1.14450 SL - 1.13700 TP - 1.18000 Always follow the 6 Golden Rules of Money Management: 1. Protect your gains and never enter into a position without setting a stop loss. 2. Always trade with a Risk-Reward Ratio of 1 to 1.5 or better. 3. Never over-leverage your account. 4. Accept your losses, move on to the next trade and trust the software. 5. Make realistic goals that can be achieved within reason. 6. Always trade with money you can afford to lose. Please leave your comment and support me with like if you agree with my idea. If you have a different view, please also share with me your idea in the comments. Have a nice day!
Long
by Profit_Trader
Liquidity overviewEURUSD H1 You can clearly see the Point of Control in volume profile, in that specific zone there is avoid of liquidity (asa IMBALANCE) and that zone will attract the price because big players will have to mitigate their trades. Anyway we see that price is trading in a narrow range now, we should wait a potential breakout and the close of a H1 candle above the rsistance before placing a buy, if instead price goes down we will stay out of market. The Italian Trader
by Dragon_Investments
NZD/CAD: Bullish Reversal runningNZD/CAD: Bullish Reversal running > breakout of bearish trendchannel > Higher-high-higher-low sequence established > weekly high broken to the upside > 200er MA in H4 protecting downside > next downward trendline fard away > POC volume below current levels The setup can potentially pull back a little before advancing. As we are Wall Street Swing Traders, our Stop Losses are far (see SL zone) to give our trades room to breath. This way, we are achieving an unusually high success rate. I have included the past entries with the WSI H/L Wall Street system in the chart, as usual. Feel free to reach out with any questions or comments. Meikel & Your Team WSI PS : Join our stream tomorrow! The link will follow shortly in the comments.... See you there!
Long
by WSICapital
1
Next possible short on Nifty, MAYBE?Most 786+ POC confluence gives out great possibilities for an entry, one such entry is around the corner. Why bear? we are forming lower high on high time frame, gives me a reason this will continue as we have lower levels to visit especially the 618 fib fan. Here we can see most of the fib fan working, even on the 2008 crash we found support at 618. This analysis is to be taken as a form of hedge, I'm not saying this will work but in the technical analysis world we are at resistance, its time to enter short (under the correct conditions). How to enter? This is my expectations (in an ideal situation) take out the support and flip bearish.
NSE:NIFTY1!Short
by phenodev