Post #7450

📉NYO Reversal Setup The New York open is often where the day sets its real tone. If the bias is bearish, Asia and London rarely print the low - NY tends to. ➡️ Watch for a sharp spike with open interest blowing up in the first minutes of NYO ➡️ Price + OI going parabolic into resistance is the tell ➡️ Reversal usually follows fast as late longs get flushed Setup is invalid if the spike gets fully engulfed. Targets are local supports like demand zones or daily VWAP, with final TP at the daily low. 🫡Powered by Venture Capital