Lesson 16 of 30
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ST/BT and Poor low/high

Selling and buying tail

BT

–  Created at the bottom of market profiling.

–  Caused by heavy buy back from big players – look for a volume as a confirmation.

–  If BT is created you are not expecting that this level will be revisited anymore that day.

ST

–  Created at the top of market profiling.

–  Caused by heavy sell off from big players – look for a volume as a confirmation.

–  If ST is created you are not expecting that this level will be revisited anymore that day.

Poor high

–  Three or more equals TPO’s

–  Weak handed longs

–  People or not heaving buying here because price is not breaking higher, neither heavily selling because we don’t have sell tail. This level is poor and when it will be revisited it is likely to break through it.

Poor low

–  Three or more equals TPO’s

–  Weak handed shorts

–  People or not heaving selling here because price is not breaking lower, neither heavily buying because we don’t have buy tail. This level is poor and when it will be revisited it is likely to break through it.