------------------------------Price Action vs. Volume!------------------------------------
Let's talk on the left to the right side:
6th and 5th candles : wide body with normal tail and 3x volume which means buyers.
4rd Candle, Volume less compared to 5th and 6th candle and price falling: Clearly showed that something is cooking and till price can move up because of abnormality seen with volume. Buyers are started booking profit!!!
3rd Candle: Tail in both sides, the volume also validated and clear its was profit booking started who has bought.
2nd: Upar wicks and price closed nearby opened which indicates that sellers ready to sell if they get chance.
---> We are ready for U-turn
Let's talk on the left to the right side:
6th and 5th candles : wide body with normal tail and 3x volume which means buyers.
4rd Candle, Volume less compared to 5th and 6th candle and price falling: Clearly showed that something is cooking and till price can move up because of abnormality seen with volume. Buyers are started booking profit!!!
3rd Candle: Tail in both sides, the volume also validated and clear its was profit booking started who has bought.
2nd: Upar wicks and price closed nearby opened which indicates that sellers ready to sell if they get chance.
---> We are ready for U-turn
Nota
Almost all are asking the same question ...! Let me answer here ->I suggest to short this stock or buy put whenever create ATH.
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.