POI Refinement Flashcards
1
Q
What kind of candles are we looking for when refining our POIs?
A
We are looking for SD PA that caused a break of the range.
The range is the B2S or S2B candle on the HTF/unrefined POI.
2
Q
What do we do if there are no engulfed candles?
A
We can move up and down TF’s to find one.
3
Q
If the 15M 8:30 candle is engulfed, what time frame do you want to look at to find POI refinements?
A
We’d want to look from 8:30 - 8:45. We would find the high and low of that range, and look at which 1M or 2M candles break that range.
4
Q
What do you do if price hits a refined POI zone?
A
If it gives you a V shape recovery, enter with stop limit, if not, then wait for CHOCH and flip
