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I treat is as a signficant pivot level. Perhaps more powerful than any other pivot since VPOC's are pretty rare. Check out 12250 from 3/6.
The reason is that I have seen price reverse at these VPOC's plenty of times. |
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Yes, the Enthios Universal Method is based on the propensity of price to reverse at a
VPOC.
Soul, the
POC acts like a magnet for price the following day. I'm kind of surprised you don't pay more attention to it. I guess the rarer occurrence (an untouched point of control : Virgin
POC) is the more sought after situation. (insert own innuendo here

).