Looking at this chart you can tell that most of the trading activity is done at a much higher price which can act as a magnet attracting price to it.
Bullish divergences in volume and price
Momentum is still weak but has potential to take off. Be patient.
God bless you
Bullish divergences in volume and price
Momentum is still weak but has potential to take off. Be patient.
God bless you
Note
This is just a great example of news effects in the market. It could be nothing but a fake breakout.. Good time to get on board.
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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.
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.