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tradenwaves's blog

Up and Away

See chart of opening trade. With the internals opening as strong as they are we waited for a pullback to enter long. Looking at market profile we targeted the top of yesterday's value area around 1086. Target has been hit. Again with internals as strong as they are I am not looking for a reversal trade at this point.

Pullbacks

In the last post I mentioned how it looked as tho the profile was having trouble making way . Here is the updated profile showing the next day and how the momentum needed to "re-buffer".

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