23 Dec 12232020 Gold Nugget
#fintwit #orderflow #daytrading
When a new H4 supply is created within a D1 supply, even though the open was within value, we can move to a value rejection. This value rejection came through a 2nd chance entry few minutes after open and (as observed before) used the influx of participants at the London open as a driver to follow the move down negating the underlying demand. As hypothesized, this does increase the likelihood of a low/medium activity day.
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