Large limit orders absorb market orders at key levels. When you see massive volume traded at a level with no price movement, a reversal is loading.
Indicators Used
Footprint ChartS/R LevelsVolume Delta
Rules
๐ Entry Rules
- Price reaches key support level
- Footprint shows large bid absorption (high volume, no price drop)
- Delta turns positive while price holds
- Enter long when price begins to move away from level
- Stop below the absorption level