Kardec Trader explains how to read market structure by identifying low-volume nodes and value area lows. He shows how to spot failed auctions by sellers, then enter long positions with a stop loss below the level and add after the breakout confirms.
This is the first footprint of long position from the level that we saw. Still someone can think why you don't take a long position here. Because at the moment if you see who created this wing like we were talking before, completely dominated by sellers. If we start to get back here, we can take position on the breakout with stop loss below the level. When this level gets broken, the game starts. You can add the position, you can follow up, you can do a lot of things from here. It's clear we agree that this is the low volume node. The profile distribution achieved the value area low. So we are on the value area a law. The sellers didn't got a follow through. They took the law and created a failed auction. People call this manipulation. They try to break out and they fail. This is the reason we will get here. The only things that I don't get inside when they are like so aggressive. So my role is not to predict when they will stop. I just wait that they complete this movement.
