Good evening, Traders!
The liquidity returns to the market in September and also with market-makers, which were on the long Summer holidays, and I expect that we will have more good entry points soon.
On Fryday, a bright entry point occurred in Wheat (ZW) and I expect that the price will rise to the 610,5$ price level and break the upper POCs’ of the Range, where liquidity is settled (Watch)
The liquidity returns to the market in September and also with market-makers, which were on the long Summer holidays, and I expect that we will have more good entry points soon.
On Fryday, a bright entry point occurred in Wheat (ZW) and I expect that the price will rise to the 610,5$ price level and break the upper POCs’ of the Range, where liquidity is settled (Watch)
We had a divergence of Deltas at the entry point and the day before, classic BID HFTs’ 100% tick chain, after which a fast pullback happened.
Despite the fact, that the chain of ticks seems like stop-losses at first glance, we have net market sell, as the valuable tick chain started at the same price level as the previous 5 ticks, but at another time at 16:46:47:620 milliseconds. (Watch)
Despite the fact, that the chain of ticks seems like stop-losses at first glance, we have net market sell, as the valuable tick chain started at the same price level as the previous 5 ticks, but at another time at 16:46:47:620 milliseconds. (Watch)
Market-makers absorbed this liquidity and I assume that it will be unloaded when the price goes to the upside and breaks the levels of Bears 🐻
Have a nice day!
(Previously published in TVT School)
Sincerely, Taras Sviatun