Disclaimer
Information is for educational purposes only and is not intended to give specific trading advice. Past performance is no guarantee of future performance. Investment / trading carries significant risk of loss and you should consult your financial professional before investing or trading.
Hello traders I am watching what I think is a distribution range
Information is for educational purposes only and is not intended to give specific trading advice. Past performance is no guarantee of future performance. Investment / trading carries significant risk of loss and you should consult your financial professional before investing or trading.
Hello traders I am watching what I think is a distribution range
Nota
DisclaimerInformation is for educational purposes only and is not intended to give specific trading advice. Past performance is no guarantee of future performance. Investment / trading carries significant risk of loss and you should consult your financial professional before investing or trading.
The distribution range would be confirmed when BTC makes a Sign of Weakness this is a range below support which does not penetrate in the trading range in this case it is an intraday range so you shouldn't be very accurate about the penetration allow some margin
Nota
DisclaimerInformation is for educational purposes only and is not intended to give specific trading advice. Past performance is no guarantee of future performance. Investment / trading carries significant risk of loss and you should consult your financial professional before investing or trading.
Sorry but the if the quick recovery of the price is followed by a test bar with low volume (I mean a red candle with low volume) it would be indicative that we are in the phase c of a accumulation range. So very cautious here
Nota
Test bar is confirmed by a bar closing above the test bar one or two bars nextDisclaimer
Information is for educational purposes only and is not intended to give specific trading advice. Past performance is no guarantee of future performance. Investment / trading carries significant risk of loss and you should consult your financial professional before investing or trading.
Nota
Comment: DisclaimerInformation is for educational purposes only and is not intended to give specific trading advice. Past performance is no guarantee of future performance. Investment / trading carries significant risk of loss and you should consult your financial professional before investing or trading.
The confirmation of the test did not appear so the initial guess could be still correct
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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.