A Closer Look at recent PA
The green arrow was a crazy dump, and we're now entering it's price box, so it's the first test of an area shown to have a ridiculous supply.
That being said, volume is reducing, as price is going up...so Supply is being absorbed, a Bullish sign.
I just posted about how I think we're at a key juncture....That post was about Gann Fan and it's findings....This is a PnF chart, helps reduce some of the noise.
Watch the next large volume candle...should be quite telling....
As always, practice solid risk management, good luck, and have fun.
That being said, volume is reducing, as price is going up...so Supply is being absorbed, a Bullish sign.
I just posted about how I think we're at a key juncture....That post was about Gann Fan and it's findings....This is a PnF chart, helps reduce some of the noise.
Watch the next large volume candle...should be quite telling....
As always, practice solid risk management, good luck, and have fun.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。