medium · Order Flow Analysis footprint-delta
When monitoring an 'unfinished business' level, what is the primary trading rule applied when price returns to that level?
- Watch the footprint for either acceptance (imbalances through) or rejection (opposing imbalances)
- Wait for a time stop to fire before entering a position in the direction of the original trend
- Immediately enter a reversal trade as the level will act as guaranteed support or resistance
- Calculate the VWAP 2σ band to see if the level aligns with a statistical extreme
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