NF opened with clean gap and could not sustain above open high then gone for two way balance , closed gap then settled at dPOC.
5th day of one time frame up and value above spike day now. Buyers established control after spike.
Volume has picked up today and post expiry adjustment left tail at low today..Buyers of this tail next should defend 18910 and scale 18960 to get 19010/19040-19060/19100 for next session.
Not able to sustain above 19010 could drop to 18940 if sustains then possible to test PDL zone 18900-18880 and below that move for 18840-18830/18805 possible.
As discussed in commentary, swing has opened up for 19200/19400. Negation at 18800 to buy on dips.
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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