Last high move was on a stops and all that liquidity has been gathered. There no 4 days positivie volumes - just nodody dont what to buy , and move on a small volumes. That high probability to repeat squeese wave
a lot of closed positions in growing , and then sudden fast move 60 % FIBO , bad reaction of buyer
Check volumes, it makes triangle move to upward instead of down one , and after gathering liquidity it going to be high move to down ... level is approximately
Bullish setup, - shorts are retreating and we so lot of times just go through a levels. Havn't high volumes, that a strange , but probably some still believe in falling we have serial of dodji on 1H TF, each one higher then previos , it show right befor big move We going to take a hammer on a day ( still not ) but 4 hours remain , which going...
second try :) was so a lot of liquidation , and that looks like a hatch
Starting from 0,66 we could rise up and make a cup on a 1 hour TF. Arguments: - gathering stops from previos high IO in slightly higher lever and getting low than last low - last day move was so long and without any retest and without any high volumes . Sometimes it's about imitating a strong trend , sometimes , it real new trend :) - last...