Weekly [09/16] Study

Presented to You by Orderflow.

My latest edition left you with Price Balancing Above the Gap.
Shockingly, Price managed to not only Flush the Lows (-900p) but also spark a full recovery rally (+1100p) to Close back into the Auction : Balance Above the Gap.

Thoughts on this Price Action below.

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Our Auction Pivot was set to : 19330 to the Downside.
It Flushed -900p lower leaving a large runway to chase Sellers below the Gap.

I’ve given it at 18450 : Never Sell Again
Now 19040 : Dips Continue Being Bought

This Flush comes with some accuracy However as quoting our [08/14] Release, 18450 marks the Bottom of this Rally back to 19330 / 19660. (+850p / +1200p)

08/14 RTH+

Pivot : 18450
Longs to : 19040 / 19330 / 22xxx

*When Timeframes Collide*
More on this later, but it will be important to note that the most recent down-move was met with the most recent up-move; Stemming from Pivot 18450.