It looks like buyers are defeated at this level and may cancel their orders to place them lower
This is based on the last push attempt with volume that was soon absorbed into a pocket of liquidity and pushed back with high volume.
I expect we are going lower, let's see where buyers will show up again.
This is based on the last push attempt with volume that was soon absorbed into a pocket of liquidity and pushed back with high volume.
I expect we are going lower, let's see where buyers will show up again.
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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.