1. Too many fresh buyers come into play. That means that market will reverse soon (short term reversal)
2. Overall we have downtrend, so we are looking for continuation
3. At the bottom we have large stop loss cluster (around 5.5%)
4. Too many retailers runs in profit and this is sign of short term reversal
5. 60% of retailers runs long positions, that means that we need to look only for sell orders.
We could jump into trade right now but the stop loss cluster above the price is a magnet form smart money, so we will wait for more safe entry above them.
2. Overall we have downtrend, so we are looking for continuation
3. At the bottom we have large stop loss cluster (around 5.5%)
4. Too many retailers runs in profit and this is sign of short term reversal
5. 60% of retailers runs long positions, that means that we need to look only for sell orders.
We could jump into trade right now but the stop loss cluster above the price is a magnet form smart money, so we will wait for more safe entry above them.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.