Scare bars abound. The paper tigers are out
Volume and pressure looks like a bottom to me. After a long trend down, it feels like it’s time to pop back again in a big way.
When we pop out of stddev x 2 on volume, buyers and sellers are very active. Price is having a hard time moving down as they fill large positions for the markup phase. The sellers are panicking and pushing into big money’s hands.
When we pop out of stddev x 2 on volume, buyers and sellers are very active. Price is having a hard time moving down as they fill large positions for the markup phase. The sellers are panicking and pushing into big money’s hands.
Trade closed manually
After the rally today (17% for the day at the moment!) I exited this position in the around 150.5. We'll see what happens next
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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.