BEARISH Shark + Butterfly Pattern given good reaction on Type1 entry with XA 88.6 as PRZ & hit Target now price is again came in PRZ Zone of Pattern it becomes a TYPE2 Entry which is REVERSAL...RED HORIZONTAL LINE is WEEKLY R1 ,R2 & R3 Lines..Reversal from Butterfly zone or from SharkXA88.6 as PRZ or from Shark 1.13as PRZ ?
Ultra high volume up bars - trap of Smart Money..Higher volume--Professionals are selling into the public buying , SET UP BECOMES VALID ONLY when RSI is below 70 and IF Price breaks ULTRA HIGH VOLUME Candle LOW with LOW VOLUMES & with NO DEMAND l.e place for short
Potential SELL
Ultra high volume up bars - trap of Smart Money..Higher volume--Professionals are selling into the public buying , SET UP BECOMES VALID ONLY when RSI is below 70 and IF Price breaks ULTRA HIGH VOLUME Candle LOW with LOW VOLUMES & with NO DEMAND l.e place for short
Potential SELL