VOLUME CONFIRMS.
ROUND BOTTOM AS A REVERSAL PATTERN AND THEREFORE CHANCES OF BREAKING UPWARDS ARE PRETTY HIGH.
PRICE ACTION TELLS THAT SELLERS ARE DOMINATING IN FIRST HALF OF THE "ROUNDED BOTTOM" BUT BUYERS ARE STRONGER IN THE SECOND HALF.
ROUND BOTTOM AS A REVERSAL PATTERN AND THEREFORE CHANCES OF BREAKING UPWARDS ARE PRETTY HIGH.
PRICE ACTION TELLS THAT SELLERS ARE DOMINATING IN FIRST HALF OF THE "ROUNDED BOTTOM" BUT BUYERS ARE STRONGER IN THE SECOND HALF.
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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.