Market Profile 23/04/2021

Bulls managed to hold prices at key level 4116. Bullish profile pattern still holds. There is a possibility that weak hands will be shaken out during overnight. These are located as usual couple ticks below recent low. After this happens there will be one more opportunity to re-enter long with SL just below virgin poc marked on chart.

Momo Trend: long.
MomoDot: red dot hit target. Waiting for another setup.

HF/Master perspective: master index shows short and HFP index printed green dot which means high chance of market decline in next few sessions.

*Current day analysis is available for premium subscribers. Free members can view historical blog posts.

Leave a Reply