The levels are derivate using TPO candles, then rounded them to the nearest Quarter number, taking places that show us parity, we can mark those level, the levels are a great place to look for turning points.
As you can see we are opening on a level where we can mitigate orders, so open looking for some level retracement, and if it can hold the key levels, and give a second leg to the forming W we can push, but more often we reject and break lower lows. so watch those lows.
As you can see we are opening on a level where we can mitigate orders, so open looking for some level retracement, and if it can hold the key levels, and give a second leg to the forming W we can push, but more often we reject and break lower lows. so watch those lows.