What is good,
Copper has been slowly grinding higher, but underneath that strength, the Price action is telling a very different story.
Price keeps leaving lows untouched while continuously sweeping highs, yet fails to produce any meaningful expansion through them. Showing very distributive behaviour.
That's not the type of price actionyou would want to see in a healthy bullish trend.
Adding to that, we now have a very clean ranging environment with 2 taps already in place.
If we get the third tap and the model confirms by breaking Market structure, this range could transition into a major distribution with 50%+ downside potential.
Don't just look at where price is going.
Look at the liquidity it's leaving behind on the way there.
Copper has been slowly grinding higher, but underneath that strength, the Price action is telling a very different story.
Price keeps leaving lows untouched while continuously sweeping highs, yet fails to produce any meaningful expansion through them. Showing very distributive behaviour.
That's not the type of price actionyou would want to see in a healthy bullish trend.
Adding to that, we now have a very clean ranging environment with 2 taps already in place.
If we get the third tap and the model confirms by breaking Market structure, this range could transition into a major distribution with 50%+ downside potential.
Don't just look at where price is going.
Look at the liquidity it's leaving behind on the way there.
Through the lens of the Market Maker.
@kingsii on dc
@kingsii on dc
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
Through the lens of the Market Maker.
@kingsii on dc
@kingsii on dc
免责声明
这些信息和出版物并非旨在提供,也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。
