thanks for the chart. I've been trying to count the Waves on this one and I believe we are about to enter wave 3 upwards. Can I ask, your points you said:
*order block zones indicated
and
*noted high volume node resistance indicated
Could you please explain what these mean and how you identified them?
Thanks again
AzorAhai06
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@kitkat16, The HVN was found using the volume profile indicator/feature. High volume nodes indicate levels where a lot of transactions took place (high volume) They can be areas of support or resistance.
The block zones are just major horizontal levels based on previous market price action. You expect price to act similarly at each level to its previous behavior at that level.
kitkat16
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@AzorAhai06, thanks for the education. I think we are in the middle of a Bullish wick before lift off here with APPC. Thanks again :)
*order block zones indicated
and
*noted high volume node resistance indicated
Could you please explain what these mean and how you identified them?
Thanks again