The below example is the structure and development of the whipsaw MOP. The Break is the initial move lower, at stall the next move is higher. This will clean out stops of shorts that followed down. The buying and closing of stops (buy orders) generate the move up. The MOP is a channel that moves up and down cleaning out stops until it Breaks Out. The NAZ typically will move from MOP to MOP, trading the MOP or Break are the opportunities. When trading inside the MOP you can use multiple contracts and rack up points. I will update this post with examples as I identify MOP's.
Nota
The circles are O/N Long Rigs on low volume and the channel is for the period. O/N Rigs usually get cleaned out or tested in an Open Session eventually. Today's drop went through the previous days buy's, which were mostly generated in the O/N.
Nota
Near end of O/N
Nota
Circle is Pump and Oval is Dump, adjusted MOP Range
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.