look at the breakdown volume vs the reactionary bounce volume.
buy volume following breakdown is roughly only 1/3 of the sell volume.
i am predicting either a continuation lower or sideways movement to tell us more.
it would be unwise to set longs here, but the market is not 100% predictable so keep this in mind when you set your trading plan.
not financial advice.
stay safe.
buy volume following breakdown is roughly only 1/3 of the sell volume.
i am predicting either a continuation lower or sideways movement to tell us more.
it would be unwise to set longs here, but the market is not 100% predictable so keep this in mind when you set your trading plan.
not financial advice.
stay safe.