Sticking with the daily plan laid out in this mornings analysis (micro time frame scalps targeting order book inefficiencies)
11am H4 opens and gives a large downside flush into daily poc/weekly vwap
- Price immediately bought back up to daily open
- We get a second high tempo flush into the 5 min sma
- Notice the large volume node on the bid profile (aggressive shorts 523 contracts)
- On closing the 1 min candle above daily poc after the slight deviation i now anticipate a short squeeze into structural resistance which aligns with previous week high to the upside