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
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
Through the lens of the Market Maker.
@kingsii on dc
@kingsii on dc
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
