Price action on Thu daily closed shows sign of strength. This is follow up by price action NY session on Fri ((Inverse Hammer) further strengthening the sign of strength. If you are into volume profile, you will notice that the value area is bottom heavy. A sign that smart money might be accumulating for a potential bullish move. With the volume profile and price action, I am very certain that a bullish move is impending.
DISCLAIMER:
Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice.
I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
PRICE ACTION only tell half the story. The other key half is VOLUME. For VOLUME drive price.
DISCLAIMER:
Any opinions, analyses discussed in this presentation are just my personal opinion and do not constitute investment advice.
I do not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
PRICE ACTION only tell half the story. The other key half is VOLUME. For VOLUME drive price.