Bullish bias
Trade active
0.8090000 Level 1. Distribution Phase: Price moves sides and struggling to move higher
a. Take some profits, cut position size and let remainder position run
b. Hold in expectation price will move higher
Trade active
Distribution Phase: 0.8090000 levelNote
Scenarios @ 0.809000 level1. Sellers selling
2. Breakout buying
3. False break sellers selling
4. Retracement buyers buying
Trade active
Correction: sideways not sides
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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.