1- There is falling channel (grey lines) which its upper trend line is a bigger trend line since weeks (orange). CVD and OI is decreasing too for grey channel.
2- Bigger orange TL : CVD and OI was increasing until last days, where Spot CVD is decreasing and broke down through a level. Spot CVD is decreasing heavily!
3- A Fake out to upper red level or void would be very possible! The fake out would be natural and market manipulation at the same time, but if some "scripted" news appear, then the break out upward will be less a fake out but a longer (in terms of time) mini bullish movement or sideward.
4- A break out downward from grey lines would be more natural regarding Volume.
Here a bigger TF look:
Follow for more ideas/Signals. 💲
Look at my other ideas 😉
Just donate some of your profit to Animal rights and rescue or other charity :)✌️
2- Bigger orange TL : CVD and OI was increasing until last days, where Spot CVD is decreasing and broke down through a level. Spot CVD is decreasing heavily!
3- A Fake out to upper red level or void would be very possible! The fake out would be natural and market manipulation at the same time, but if some "scripted" news appear, then the break out upward will be less a fake out but a longer (in terms of time) mini bullish movement or sideward.
4- A break out downward from grey lines would be more natural regarding Volume.
Here a bigger TF look:
Follow for more ideas/Signals. 💲
Look at my other ideas 😉
Just donate some of your profit to Animal rights and rescue or other charity :)✌️
Note
i said : "4- A break out downward from grey lines would be more natural regarding Volume."that natural move happened :)
What a nice prediction.
even retested the grey line and blue box.
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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.