12232020 Gold Nugget

23 Dec 12232020 Gold Nugget

#fin­twit #order­flow #day­trad­ing

When a new H4 sup­ply is cre­at­ed with­in a D1 sup­ply, even though the open was with­in val­ue, we can move to a val­ue rejec­tion. This val­ue rejec­tion came through a 2nd chance entry few min­utes after open and (as observed before) used the influx of par­tic­i­pants at the Lon­don open as a dri­ver to fol­low the move down negat­ing the under­ly­ing demand. As hypoth­e­sized, this does increase the like­li­hood of a low/medium activ­i­ty day.

For more info check out my Dai­ly Report Card: