ES. Pullback Pattern – Profile Delta, Bar Delta

We are using M5 ES 03-19 chart with mzVolumeProfile and mzVolumeDelta indicators.

Profile Type: Delta

Here we can see an example of “Long” Delta Support at 2400:

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