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...
So been , chaotic last few tens minutes, but know we got that volatility due to trend changing, and we already incline to do down . got back to 0,858 purpose or nearby
huge volumes as previous day at the same time. only long
Look at rake long - shorts = 2,21 , that mean all of shorts going to get out by stop losess soon , and we take a huge candle i would say to bottom of last vawe VWAP 0,78 and we already got a CVD decreasing , otgether with TOTAL descending
So a lot of short would like to exit and some one enter for few millions more. Markets react with higheer volums, and that means it cancel a falling and going to rise up only. at least to 0.9 GOOD LUCK
High volatility and low liquidity instrument :) but some times due to this it rise so high . OI already shows up . It could burst it by this way
Good place for enter Arguments - high OI on purchases - no exits mostly on last few tens minutes - good plpace level