Which side will succeed ? Bullet back to buyers ! - LDTP #11.2
Let's do the point ! // Update #11.2
Short update just to say that the situation is similar as yesterday, so same speech as yesterday (you can find it in the related idea) but just invert it. We are now looking for buyers to shot down sellers, we are on critical level actually (but getting rejecting again while I'm writting it).
The primary support broke yesterday, so we are now more in a pattern of inverted triangle (enlargement figure). In term of probabilities it's not the most more relevant for continuation or reverse so that don't change a lot a things.
I wrongly draw the demand area on the last chart, like I said in the initial idea, we are in a delayed bottom so the demand area is higher than the bottom. It made the job yesterday picking in it to find a reaction of buyers.
I maintain my analysis that two strong hand are fighting here for long term position, I continue to believe it will squeeze at the end with a lot of volatility.
Like, follow or comment* if you like, I need it to continue
Short update just to say that the situation is similar as yesterday, so same speech as yesterday (you can find it in the related idea) but just invert it. We are now looking for buyers to shot down sellers, we are on critical level actually (but getting rejecting again while I'm writting it).
The primary support broke yesterday, so we are now more in a pattern of inverted triangle (enlargement figure). In term of probabilities it's not the most more relevant for continuation or reverse so that don't change a lot a things.
I wrongly draw the demand area on the last chart, like I said in the initial idea, we are in a delayed bottom so the demand area is higher than the bottom. It made the job yesterday picking in it to find a reaction of buyers.
I maintain my analysis that two strong hand are fighting here for long term position, I continue to believe it will squeeze at the end with a lot of volatility.
Like, follow or comment* if you like, I need it to continue
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