Imense run-up over the last couple of months. These moves see typically a full or close to full retracement.
Tartgetting green box, the 1.6 extention of the current distribution range.
While I wouldn't expect the price to trade sustained above the red line.
Eventhough when price is above red, I would still expect that the price at the green box is visited later in time.
Shot trigger would be decreasing volume
Tartgetting green box, the 1.6 extention of the current distribution range.
While I wouldn't expect the price to trade sustained above the red line.
Eventhough when price is above red, I would still expect that the price at the green box is visited later in time.
Shot trigger would be decreasing volume
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