know whether support/resistance vs breakout BEFORE

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know whether support/resistance vs breakout BEFORE

Post by ingyukoh » Wed Jan 01, 2020 3:47 pm

Bookmap shows upport/resistance by high liquidity(thick heatmap) at NOW, not conjectured from previous price volume profile.
If large green volume dot in upward direction pierces through thick heatmap of resistance, knowledge of resistance vs breakout
BEFORE actual price movement is IMPORTANT.

By computing flux = liquidity flux ((added-subtracted) liquidity at ask /unit time)- buy volume /unit time,
one can make decision whether resistance or breakout before actual price movement.

Even after breakout, one can make very precise judgement whether exhausted and fail to rise or continue to rise, by observing flux decreases or remain steady.