Key Levels + Footprints/OI + TPO

I. Key Levels and Tools

A. Local Lows/Highs

a) On the chart depicted above you can see a key low marked out as
“Weekend Low”
The main idea behind this area for interests of longs was
the external liquidity resting here. Buildup of chop and
position building throughout the weekend followed by a
low being made and a push up to the upper liquidity.
Thought process behind this is simple: those who went
long into the weekly likely placed stops with
invalidation below this low targeting higher
Now pair this sweep with confluence from longs
getting stopped (as mentioned in the discord and
will be shown later) and could get a decent
probability long setup.
B. Monday Range

a) The chart above shows “Mday High” marked out as a key level for
long TP’s or potential short setups.
 Idea behind this is the simple Monday Low and High
range, will break it down further as to why I think these
levels are important:
Since traditional markets are only open 5 days a
week, I dismiss Saturday and Sunday as trading
days, due to lack of volume and only consider
Sunday after close, basically monday, through
Friday.
Furthermore, the Monday Low and High represents
the first key liquidity areas of the week marked out.
Price tends to form a high or low and reverse the
opposite way in a range.
Using this ‘opening’ liquidity strategy with
regards to Monday high or low, you can pair these
key levels with supply and demand and often get a
trade later in the week depending on which area
gets tagged first.
(i) In the chart above, you can see an inefficient
move into Mday highs and supply, followed
by a local top and sharp move down.
C. Divergences

a) Another main part of my strategy that, if you’ve been active in the

discord or on my twitter at all, you will have seen are RSI
Divergences
RSI divergences occur when prices makes a Lower Low
and RSI makes a Higher Low, as shown on the chart.
The divergence is formed when this happens but
does not confirm until the following candle closes
green (since we are in an uptrend and I have only
been longing, I only take into account bullish
divergences rather than bear divergences as well.
 (i) Another thing to note is that I only trade
these when it becomes oversold, as I’ve
tested over the years this has a much higher
hit rate of showing strength and reversing/
Sometimes I long without confirmation and just purely the
formation of the div but that tends to be on higher time
frames, such as the 4hr, and is usually planned by longing
into a key level such as the one shown above (weekend
low).
As or TP’s you can play this a few ways
(ii) Above 50 on RSI
(iii) Into key high or supply
(iv) Or the riskiest by best r:r, TP once the
divergence fully plays out meaning it goes
from oversold to overbought.
D. Demand

a) My demand levels, along with many others, are quite simple and
have to do with the red candle/wick made before a move up that
breaks structure (makes a higher high). Reasoning behind this as
follows:
The red candle, preferably a wick that gets bought up, that
shifts market structure and causes an uptrend signifies an
area in which buyers stepped in enough, whether it is perps
or spot buying, and showed enough strength to break
bearish structure and shift into an uptrend.
These levels can be marked on many time frames, however;
the higher the time frame, the higher the hit rate, although
the demand area can be larger
In order to find trade setups in such demand areas
that are large you must either lower the time frame
to find the setup or find confluence in the demand
 area such as a sweep of a low, and/or RSI
divergence which is the example I chose.
II. Footprints/OI
A. Footprints
1. Probably one of the things I get asked about most and I use it in a simply
way:
a) I do not use footprints as a trade signal but rather build a trade
around it and only use it for confluence/entries or exits

As shown on the chart above, focus on the lowest

point in which I have marked out. Looking at the
red area under the candle close (represents the wick
of a regular candle) you can see shorts entering
under a key level. This is also shown in the rise in
OI and net shorts entering.
(i) Since I had a key level at 62.9, which was a
swing low, I wanted to look for longs being
closed (stopped) around this level along with
shorts entering trying to catch a breakdown.
(ii) I also like to use base increments of $1k,
such as 60k, 61k, 62k, etc, as confluence in
shorts being trapped under these levels. For
example: a key level at or around 60k with
shorts entering under 60k trying to catch a
large breakdown usually leads to a squeeze
and reversal/
Once again, I mainly only use footprints for
confluence and pair it with SFP’s in order to spot
reversals or shifts.
B. Open Interest
1. Open interest is a tool I use in order to monitor liquidations and flushes in
the market
 a) An increase in OI references a buildup in positions whether that is
primarily longs, shorts, or both.
(1) A huge rinse in OI, such as a few that we have seen in the
current macro range that we are in, has often led to price
reversals, a sort of local bottom forming and a hard bounce
from it. I will provide a chart below:

(i) Huge liquidation events like this often lead

to lower liquidity being taken, causing mean
reversion in OI and price to be drawn
towards upper liquidity.
III. TPO/POC’s
A. POC’s
1. The main thing I use TPO charts for are POC’s, which stands for Point
of Control
2. This is the most active and highest volume traded area in a given daily
candle
a) Since the majority of volume is traded at these levels during the
day, they often provide good reactions and can be used as simple
support/resistance areas
 (1) Pair these with some lows and work around these levels,
you can get some good setups.

(a) The blue line on the left-hand side of the screen

marks an untapped POC that was eventually tapped
a few days ago, followed by a good reaction.
(i) I started entering longs off this area and
although I caught a decent move from it, I
was able to bid a bit lower on the divergence
formed and add size on the reclaim of this
level as well. 63 k's ended up being
reclaimed which gave a good move up to
65k
(a) Looking at it from above, you’d
want to see this level hold and some
buyers strength to show up at or
around these levels for upside
continuation
B. Poor Highs and Lows
1. The last thing I will include in this little template are poor highs and lows
I use on TPO’s to give entries or exits
a) As seen in the discord this past week, I have mentioned quite a few
times said ‘Poor Lows’ or ‘Poor Highs’ and how often they get
cleaned up. I will briefly explain what they mean and provide an
example below:
(1) On the TPO chart, these poor highs or lows refer to a
double, triple, etc, print, basically just anything except a
single print. When trying to understand it, it can be good to
refer to these almost as equal highs or lows with liquidity
resting around these areas
 (a) They often get cleaned up and a single print is
usually put in which could lead to potential
reversals.

(i) As shown on this chart at the bottom of the

most recent candle, you can see a double
print. This is what I refer to as a poor low
and often wait for these to be swept before
entering longs
(a) A lot of people chose to long just
purely the Monday low sweep during
this time but the main reason I held
off and waited for lower was to see if
this poor low would get cleaned up
and if I could build a position after
that around the tap of the POC.

*I will continue to add to this document with other tools and levels I utilize in my everyday
trading. These certain things have been heavily requested for the past few months, especially the
last week, so I decided to do a quick little write-up with some examples on how I’ve been trading
this.

Any more questions, please feel free to reach out and ask me personally and I will do my best to
clear anything up and provide answers.

If any of you guys want to support me, signup and deposit/trade on

primexbt using my referral link:

u.primexbt.com/apechartz