If you have been following this channel for some time you know how important this divergence is.
Add the fact that demand is used up, expect it to be removed over the next few weeks.
Short Bias for now.
Add the fact that demand is used up, expect it to be removed over the next few weeks.
- Volume decreasing, price increasing = Bearish
- No new demand being created and previous demand is used up.
- Negative fundamental news for the U.S with biden/afghanistan, audits on the way, calls for resignation, basic FUD etc
Short Bias for now.
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