1. sellers push down
2. buyers make the first stand. strong volitile candle.... all for nothing ...
regardless of lack of buyers they have not accumulated enough energy for anything
significant
3. a double top in the local scope
* notice #1 and #3, both are highs , #1 is a proven high and #3 is a local high
* notice the peaks of the RSI and MFI , using a horizontal line
* did you know we can use this to predict future reversals? horizontal lines off the
rsi or mfi ?
* due ot this and the obvious downtrend, with the lack of buyer activity and failure of that
big buyer wick, I believe we have a strong case for the next leg down.
* not to mention the hidden bear divergence on mfi + rsi too
* I see the overbought, but this can be ignored during times of strong volatility
2. buyers make the first stand. strong volitile candle.... all for nothing ...
regardless of lack of buyers they have not accumulated enough energy for anything
significant
3. a double top in the local scope
* notice #1 and #3, both are highs , #1 is a proven high and #3 is a local high
* notice the peaks of the RSI and MFI , using a horizontal line
* did you know we can use this to predict future reversals? horizontal lines off the
rsi or mfi ?
* due ot this and the obvious downtrend, with the lack of buyer activity and failure of that
big buyer wick, I believe we have a strong case for the next leg down.
* not to mention the hidden bear divergence on mfi + rsi too
* I see the overbought, but this can be ignored during times of strong volatility
for trading mentorship and community, message me on telegram : jacesabr_real
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
for trading mentorship and community, message me on telegram : jacesabr_real
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.