Just a common sense, retails are buying, bank are selling and vice versa. After a H4 bullish shark plus price struggled at Monthly Gartley+Weekly butterfly D point for weeks, a crazy bullish momentum cracking up without a significant pullback.
Overbought condition any daily candle closed above Cypher 78.6 or 88.6 should be considered as trend continuation.
Overbought condition any daily candle closed above Cypher 78.6 or 88.6 should be considered as trend continuation.
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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.