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Condition
yesterday look above balance area and fail
today continuation with a large gap down below balance area
Thoughts
Good to see some volatility
i will navigate in relation to the two balance areas
on the higher tf we moved up a long way. We could be ready for somy bigger liquidation but we do not have to
Only accepting back in the upper balance area will bring us back to the prior status
We are at the moment testing the bottom of the fed spike
other levels are weekly vpoc at 5240 vah ot poc of the bigger balance area
Condition
Tough liquidation break yesterday
brings us inside developing value of yearly vwap
Thoughts
Can be the start of something bigger, can be bought back fast, we do not know
Try to find good spots and trade against moves that fail
But do not catch tops and especially bottoms too agressive, let it develop