NF had a overlap session failing to see follow through on liquidation.
Buyers also not able to push into selling tail of last session.
3-1-3 profile with bell balance..Sustain value area = trend else move to other end and look for direction that side.
Supply failed to sustain below 2days POC/last week low zone despite spent good time lower.Hold 18710-18690 and push above early 18750 could get short squeeze next session and once done defend 18730 all session else back to overlap again..Sellers need to get a move below 18690 early to swipe below PDL and once done stay below 18715 all session for more downside.
Levels wise for next session, failing to stay below 18690 and move above 18725 could get 18750 and bullish above that for 18775-18780/18805/18830 if sustains 18865-18875/18905 possible. Failing to stay above 18780 and move below 18730 could get 18705-18690 weak below that for 18665/18625/18600-18590.
Charts and data :
Detailed plan with references to carry forward, actionable trade hypos for next session, any importance nuance from the day and view based on weekly and monthly time frame are available to members in private blog.Above report is only part of it.
Notes :
a) Check glossary page in website if any of the terms used in the post are not clear.
b) If images are not clear, click on them for enlarged view.
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