Points to note down: 1. CPR Relationship: Overlapping Higher Value 2. VA Relationship: Overlapping Higher Value 3. Camarilla Relationship: Overlapping Higher Value 4. Normal CPR Width 5. Little bit wide VA 6. Normal Camarilla Width
Bullish Outlook.
Trade Setups: 1. If opens above VA and within Prior Day Range: Wait for signs of reversal at VAH / S3 / CPR High and Go Long
2. If opens above POC: Wait for signs of reversal at POC / VAL, and Go Long
3. If opens above VA and above Prior Day Range: a. If any 2 consecutive 5min candles in the first 3 candles are closing higher, Go Long b. Wait for a reversal at CPR High / S3 / VAH, if the price falls back into the Prior Day Range.
4. If opens below VAL: This is a strong rejection of the bullish view. Go short if any 2 consecutive 5min candles in the first 3 candles are closing lower.
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