Wednesday, March 22, 2017

PBs and rising delta

March 22, 2017.  Open - Crude.  Price moved down overnight and started firming a bottom between a volatility squeeze on the Unirenkos just prior to the open.  The market Opened on up delta, and price moved up to VWAP.  This pattern is for countertrend trades to a specific target, like VWAP or a prior VWAP/High/Low/Close.

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