Kardec Trader breaks down a trade using order-flow analysis, showing how price acceptance around 66.74 led to a target hit at 6,767.05, then weakness through key levels and exhaustion prints that set up a potential revisit of the 0 print.
So this trade was very simple, right? Looking at the heat map here all this morning we were looking for longs. We saw the acceptance much higher. It eventually did break out. We had the 0 print that was underpriced at 66.74 on the candlestick chart. The market did break out and hit our target at 6.767.05. Target hit long, trade fulfilled. Then the market dumps it breaks the line of sand at the 86s validating weakness there. Exhaustion prints are factored in at the high of day which indicates selling is very strong. Market breaks the line in the sand which is the 86s and then going down to a smaller time frame adjusting the level to 66 80. What 6680 represented was this large offer on the heat map, right? The market rallied into this large offer, confirmed the weakness, confirmed the break of the line in the sand, confirmed that we have the exhaustion at the high a day, confirmed that the market may want to go revisit the 0 print.
