A. What type of trade is this? Short Squeeze & Profit Taking
B. What type of traders are waiting here? Short sellers waiting for an opportunity to short. Long traders waiting to see if short sellers will surrender here.
C. What type of gap is this? Bullish Breakaway Gap
Thank you for reading!
Greenfield
Starting April 19, for early access and explanation to my weekly chart price interpretation for cryptocurrency, gold, and a random stock, please subscribe to my YouTube.
youtube.com/channel/UC1uQWStOxAlA27PAuOdfZxw
Disclosure: I am not a financial advisor. This is not a recommendation, not a representation, and not a solicitation. You should do your research and come to your own decision. Investment involves significant risks. You need to understand that you may lose your money. Past performance is not an indication of future performance. Chart reading is subjective information.
B. What type of traders are waiting here? Short sellers waiting for an opportunity to short. Long traders waiting to see if short sellers will surrender here.
C. What type of gap is this? Bullish Breakaway Gap
Thank you for reading!
Greenfield
Starting April 19, for early access and explanation to my weekly chart price interpretation for cryptocurrency, gold, and a random stock, please subscribe to my YouTube.
youtube.com/channel/UC1uQWStOxAlA27PAuOdfZxw
Disclosure: I am not a financial advisor. This is not a recommendation, not a representation, and not a solicitation. You should do your research and come to your own decision. Investment involves significant risks. You need to understand that you may lose your money. Past performance is not an indication of future performance. Chart reading is subjective information.
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