Sell May be coming
Updated
Wait for an up bar in the red zone "Supply Level" with a narrow spread and volume lower than the previous two bars , this indicates SIGN OF WEAKNESS "SOS" in a rising market which is a sell signal
Also a high volume bar closing near the middle within that red zone may indicate a professional selling
You can look for SOS by switching to lower time frames such as 15 min .
Also a high volume bar closing near the middle within that red zone may indicate a professional selling
You can look for SOS by switching to lower time frames such as 15 min .
Note
still waiting ... sell the breakout after retest Order cancelled
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.