What we're seeing in the current ranging market of the past two months looks at first glance like price is gathering/accumulating at a potential bottom for an eventual move up. However, the behavior of price during this range confirms the background weakness in the market.
The shakeout/Trap-Down move on 6/22 appears to be a Spring but the resulting market sell off and bounce off the bottom of the range re-confirms the market's lack of demand and intention to go lower.
The shakeout/Trap-Down move on 6/22 appears to be a Spring but the resulting market sell off and bounce off the bottom of the range re-confirms the market's lack of demand and intention to go lower.
GreyPool.io
Try our automated trading strategies at: greypool.io
Try our automated trading strategies at: greypool.io
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GreyPool.io
Try our automated trading strategies at: greypool.io
Try our automated trading strategies at: greypool.io
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.