- The afternoon plays out as expected, support(green line) and previous lows (red doted line) held, setting up a bounce after a morning pullout.
Notice how the tick indicator held up above zero, signaling an interest to bottom-fish. My target is usually the days VWAP, or return to mean by volume (thick doted cyan line). It also happened to be the 200 ema, put together , a rather notable resistance level.
hope it helps!!!
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