yes it's a good place to short when buyers disappear at that point. try a small position then test the line of resistance until big buyers come in and break that line. be careful of fake trades that appear and disappear or appears on both sides. watch both 1 min and 5 min charts for trend line change along with the lvl 2 action.
yes it's a good place to short when buyers disappear at that point. try a small position then test the line of resistance until big buyers come in and break that line. be careful of fake trades that appear and disappear or appears on both sides. watch both 1 min and 5 min charts for trend line change along with the lvl 2 action.
what indicator are you using at the bottom to track those orders coming in/drying up?
Market Delta on Sierra charts using IB data
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