Bearish DEEP CRAB
Ultra high volume up bars - trap of Smart Money , Higher volume- Professionals are selling into the public buying
Vertical dotted line is ULTRA HIGH Volume + No Result from Effort--It’s a two bar signal. First bar is a widespread up bar on high/ultra-high volume & second bar is a normal spread or widespread down bar closing near its low.
If the second bar’s low & close are lower than the first bar then it’s a strong Sign Of Weakness, as second bar close are higher than the first bar its Sign of strength so expecting price to touch deep crab 1.618XA before reversal (or)
with Weekly resistance & candle spreads getting narrow ,when RSI is below 70 and IF Price breaks ULTRA HIGH VOLUME Candle LOW & break of TREND LINE with LOW VOLUMES & with NO DEMAND l.e place for short
POTENTIAL SELL
Ultra high volume up bars - trap of Smart Money , Higher volume- Professionals are selling into the public buying
Vertical dotted line is ULTRA HIGH Volume + No Result from Effort--It’s a two bar signal. First bar is a widespread up bar on high/ultra-high volume & second bar is a normal spread or widespread down bar closing near its low.
If the second bar’s low & close are lower than the first bar then it’s a strong Sign Of Weakness, as second bar close are higher than the first bar its Sign of strength so expecting price to touch deep crab 1.618XA before reversal (or)
with Weekly resistance & candle spreads getting narrow ,when RSI is below 70 and IF Price breaks ULTRA HIGH VOLUME Candle LOW & break of TREND LINE with LOW VOLUMES & with NO DEMAND l.e place for short
POTENTIAL SELL
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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.