P- Shaped Profile (See Chart)
Looks like a letter "P"
Sign of strong buyers
Buyers pushing price upwards and creating new price balance of higher prices.
P- profiles usually within uptrend
P- profile after a downtrend= end of the trend (or a temporary end)
Looks like a letter "P"
Sign of strong buyers
Buyers pushing price upwards and creating new price balance of higher prices.
P- profiles usually within uptrend
P- profile after a downtrend= end of the trend (or a temporary end)
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