The 17 - 20 august drop fits nicely in the currently developing PA, and takes us right back to june-july range lows.
The Volume Profile would suggest that such a move is not implausible. In fact, the Volume Profile favors it (see my previously posted idea).
That said, it is almost *too* fitting. Still, a nice idea to play around with.
The Volume Profile would suggest that such a move is not implausible. In fact, the Volume Profile favors it (see my previously posted idea).
That said, it is almost *too* fitting. Still, a nice idea to play around with.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.