As shown on this chart (consists of three distinct sections),
1-Impulsive decline = supply > demand,
2-Impulsive rally = demand > supply,
3- Sideways appearance = supply and demand are nearly equal.
What to expect next?
At this point, low volatility and low volume indicate a drying up of selling pressure.
Target
Point and Figure Configuration:
1-Impulsive decline = supply > demand,
2-Impulsive rally = demand > supply,
3- Sideways appearance = supply and demand are nearly equal.
What to expect next?
At this point, low volatility and low volume indicate a drying up of selling pressure.
Target
Point and Figure Configuration:
Note
Note
Note
Note
Note
Note
Note
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.
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.