Flow Assessment
- Price is in a strong up-flow and the seller pullback is coming in with weaker volatility and strength
Location Assessment
- We look to trade near the key buyer area, where there was a high volatility reaction previously
Momentum Assessment
- Allow the sellers to try 1 more time since the sellers approached the key buyer area in a sharp way, but after signs of buyers holding the level even after the seller’s 2nd try, this is a sign for taking the buy