Potential bottoming fractal found.
Since it's more algorithmic trading than anything else, once we get a higher high on this, it should look quite similar, up to the #3.
The assumption is that more algorithms are programmed to buy when price goes through a previous resistance, because that is one of the most certain signs of a bull market - and thus, the indicator fulfills its own prophecy.
Maybe. Maybe not. We'll see how it plays out, but one thing is certain; these markets are out of weak hands.
Since it's more algorithmic trading than anything else, once we get a higher high on this, it should look quite similar, up to the #3.
The assumption is that more algorithms are programmed to buy when price goes through a previous resistance, because that is one of the most certain signs of a bull market - and thus, the indicator fulfills its own prophecy.
Maybe. Maybe not. We'll see how it plays out, but one thing is certain; these markets are out of weak hands.
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.