Possible reversal here as we are seeing price and volume/money flow divergence.
Unfortunately not seeing enough orders to pull the move yet, might be there in few more candles.
This usually means one of the two things;
1. Big money is in two minds and haven't yet committed to the move.
2. There is decrease in overall interest in trading session.
We can expect this to change soo, something will give somewhere.
However, if we fail to produce enough volume to give result to our divergence, it could mean there is failure of buy side and we might fall more sharply.
So lets stay on positives side and hope buy volume comes.
But keep an eye out, don't doze off!
Unfortunately not seeing enough orders to pull the move yet, might be there in few more candles.
This usually means one of the two things;
1. Big money is in two minds and haven't yet committed to the move.
2. There is decrease in overall interest in trading session.
We can expect this to change soo, something will give somewhere.
However, if we fail to produce enough volume to give result to our divergence, it could mean there is failure of buy side and we might fall more sharply.
So lets stay on positives side and hope buy volume comes.
But keep an eye out, don't doze off!
“There are those who think they are studying the market—when all they are doing is studying what someone has said about the market . . . not what the market has said about itself.”
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
“There are those who think they are studying the market—when all they are doing is studying what someone has said about the market . . . not what the market has said about itself.”
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.