B- Shaped Profile (See Chart)
Looks like a letter "B"
Sign of strong sellers
Sellers pushing price downwards and creating new price balance on lower prices.
B- profiles usually within downtrend
B- profile after an uptrend= end of the trend (or a temporary end)
Looks like a letter "B"
Sign of strong sellers
Sellers pushing price downwards and creating new price balance on lower prices.
B- profiles usually within downtrend
B- profile after an uptrend= end of the trend (or a temporary end)
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