DESCRIPTION
A Gatekeeper node is a commonly seen heatmap setup where a high-value node sits between price and further high-value nodes, preventing continuation. This node then serves as a key support or resistance level.HOW TO APPROACH
It is generally advisable to mark out gatekeeper strikes on the chart, and to scale out of a position as price approaches that level. One course of action would be to play a reversal as price approaches that node, especially if the value of the Gatekeeper node is far in excess of the nodes beyond it. As always, price action and market structure must dictate whether or not to take a trade off a gatekeeper node.- Example 1
- Example 2
- Example 3
