Price has been ranging, showing signs of (vertical) absorption of supply (re-accumulation), on a diminishing volume over the phases. Now price is trying to overcome the level of the upthrust UT of phase B. I expect a back up to either the UT lvl or BC lvl for testing.
(this can still turn out to be a new upthrust if institutions see value at this higher pricelevel (we will then see this as high amounts of supply coming in with poor absorption))
The BU (back up) will offer new opportunities to enter/scale in IF there's signs of no supply. If supply emerges and if it suggests strong hands selling, then i expect a throwback into the range or a new consolidation.
At this point i see no reason to believe the range was distribution.
(this can still turn out to be a new upthrust if institutions see value at this higher pricelevel (we will then see this as high amounts of supply coming in with poor absorption))
The BU (back up) will offer new opportunities to enter/scale in IF there's signs of no supply. If supply emerges and if it suggests strong hands selling, then i expect a throwback into the range or a new consolidation.
At this point i see no reason to believe the range was distribution.
交易進行
Price consolidated into a minor trading range after the back up/last point of support. Second entry opportunities presented themselves on the breakouts above the upper edge of the minor TR.Price now tests the high of the MSOS and might offer another entry or an opportunity to exit (scale out) if the support gets broken with increasing effort/ease.
註釋
A new smaller trading range formed, it looks like CO(?) has been selling into the demand here what would suggest this is distribution (vertical) or some (partial) profit taking at least. Volume has shrunk considerably after that (no participation of smart money). For me an indication to get out of the positions partially (and leave a bit on the table while the trading range matures).手動結束交易
al long positions closed免責聲明
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。
免責聲明
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。