Here is a simple tutorial on how to spot intraday mean reversion trading opportunities when you are able to spot an ABC elongation pattern in market profile. This video tutorial classifies tradeable and nontradeable ABC elongation intraday patterns and how one can confirm using orderflow tool to trade quick and fast mean reversion oppoutunities. This market profile tutorial explains with real life trading example from instruments like Nifty, Bank Nifty, Reliance Futures. It also discusses, When the ABC elongation is spotted, how long the trader have to wait for the trade opportunity and how one can take confirmation via orderflow.
Pre-requesite
-Basic Market Profile Knowledge
-Ninjatrader 8
-Bell TPO Market Profile indicator
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