Analysis:(27/03/23)
Liquidity:(Buyside)
Higher liquidity "P" has been taken. Now only Liquidity level "Q" & "R" is left to grab toward the buy-side.
Volume profile: (Neutral)
Price is inside the 70% of top volume profile bulge.
VWAP:(Sell-side)
At 2 ST. Deviation.
Scenarios for this week:
i)May take liquidity either at any levels "a","b","c" levels or any and move towards grabbing buy liquidity at Q and R.
ii)since liquidity "P" is taken price may decline.
Note:
Take only confirmation trades. because the high-priority liquidity zones are close.
Liquidity:(Buyside)
Higher liquidity "P" has been taken. Now only Liquidity level "Q" & "R" is left to grab toward the buy-side.
Volume profile: (Neutral)
Price is inside the 70% of top volume profile bulge.
VWAP:(Sell-side)
At 2 ST. Deviation.
Scenarios for this week:
i)May take liquidity either at any levels "a","b","c" levels or any and move towards grabbing buy liquidity at Q and R.
ii)since liquidity "P" is taken price may decline.
Note:
Take only confirmation trades. because the high-priority liquidity zones are close.