Following up on my earlier post, it's evident that the strong high tide signal persists, signaling upward resistance based on momentum dynamics.
Bear in mind, the flow signal remains unchallenged, as demonstrated by the price ascending back to the local high before retreating. This indicates the presence of a selling zone that must be surpassed before the price can progress upwards.
Looking at today's candle, there's a definitive sell signal exhibited by Energy (symbolized by a red dot over the candle). This implies that there's still substantial room for today's candle to decrease before the energy begins to fade.
Bear in mind, the flow signal remains unchallenged, as demonstrated by the price ascending back to the local high before retreating. This indicates the presence of a selling zone that must be surpassed before the price can progress upwards.
Looking at today's candle, there's a definitive sell signal exhibited by Energy (symbolized by a red dot over the candle). This implies that there's still substantial room for today's candle to decrease before the energy begins to fade.
"Even the wise cannot see all ends." - Gandalf
Connect with me on Twitter. I'm always open to discuss.
Connect with me on Twitter. I'm always open to discuss.
