ES. Pullback Pattern – Profile Delta, Bar Delta
Profile Type: Delta
Here we can see an example of “Long” Delta Support at 2400:
- First, we see an attempt of the “Long” Delta Support formation at 2360.
- Then there is a beginning of “Long” Delta Support formation at 2400 (Delta 1 = 3,5K; Delta 2 = 2,2K)
- The mzVolumeDelta indicator shows Negative Delta Cluster near the level 2400.
- “Long” Delta Support at 2400 can still be applied (Delta = 2,8K)
- We can use the Strong Delta Support and the Negative Delta Cluster as a LONG Signal.