This move is a very large attempt to force all the longs/shorts to be liquidated. Moving past key resistances. Faking the reversal signal, and pushing further down to punish those who are impatient.
Seeing how the waves down are becoming less severe, shows strong buyers stepping in and sellers tiring out.
I will not be surprised for another push attempt down in order to confirm the bottom is in for them.
Seeing how the waves down are becoming less severe, shows strong buyers stepping in and sellers tiring out.
I will not be surprised for another push attempt down in order to confirm the bottom is in for them.
Nota
For a better look on how it plays out and appears on the 1 minute chart.
Nota
Now the next step, is to reenter/confirm breakout of my original support/resistance/accumulation zone I had marked on my previous charts.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.