TA:
Balance of Power indicator looks like it has made a reversal, when that happens we consequently dump but that is a sign of institutional buying pressure- as the sell pressure is rotated to a small percent of the market buying the cheaper lot.
At an important traditional and Fibonacci level- therefore if we don't break above expect a retracement in the green zone which is marked by Fibonacci sequencing.
-Megalodon (Rahim)
Stay Safe, Trade Safe
You are welcome to share your ideas below :)
XPDGBP
Balance of Power indicator looks like it has made a reversal, when that happens we consequently dump but that is a sign of institutional buying pressure- as the sell pressure is rotated to a small percent of the market buying the cheaper lot.
At an important traditional and Fibonacci level- therefore if we don't break above expect a retracement in the green zone which is marked by Fibonacci sequencing.
-Megalodon (Rahim)
Stay Safe, Trade Safe
You are welcome to share your ideas below :)
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.