Market Profile 11/05/2021

Things turned ugly for the bull and downside window which I wrote about yesterday was used by sellers to attack propperly. The pattern on profile is bearish and we have a key bearish resistance area which would provide best risk/reward trade. In between we have two more levels with which price can interact and provide lower probability short trades. For me these two minor resistance areas would be perfect to trade with orderbook signals. Right now I think price found a support for overnight.

HF/Master perspective: master index still shows short while hfpi made some room for even more bullish pressure.

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