I'm surprised nobody is noticing the similarities. And I hope that it stays that way..
Red lines are my short orders. Expecting an upthrust like so to trap bulls and fill short orders
(there are probably many stops above 8500)
Generous soft stop at 9100.
There was some serious dump at 8300's the first time and OBV hasn't still recovered (low volume rally)
I would need to see more candles for confirmation but I think there is a good chance this is distribution.
Red lines are my short orders. Expecting an upthrust like so to trap bulls and fill short orders
Generous soft stop at 9100.
There was some serious dump at 8300's the first time and OBV hasn't still recovered (low volume rally)