NF had double disbn down day with 4IB liquidation move in last session.Fat tail was support and 25060 marked as resistance for next session.Above 25060 expected squeeze towards 25145. NF locked between 25060 and yday buying tail in IB later moved above 25060 to get 25145+ then gone for deep pullback and then gone for two way balance and closed above dPOC.
3-1-3 profile with tail at both ends. Sustain value area = trend else overlap in value area to get other side.
Inside day.
Buyers need to defend around 25090 next session to get PDH zone and once sustains above PDH should not fall back below 25140. Sellers need to push below 25090 to get a repair of unfinished job in today's profile between 25020-24985 zone and bounce else more weakness.
After 5days of one time frame down, inside day today.Could lead to imbalance session next.
Swing obj remains open for 24850/24740/24665 with negation at 25350 and once 24850 accepted clean, negation could be moved to 25240.
Levels wise for next session, holding 25090 and moving above 25145 could get 25175/25200/25230-25245 reject else 25275-25290/25320/25350 if sustains 25365 more bullish towards 25390/25425/25450.If fails to stay above 25230 and drops below 25160 could get 25130/25095 weak below 25090 for 25060/25020/24985/24950 quite weak below 24940 for 24915/24885/24850/24820.
Charts and data :
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