We have seen a strong manipulated market by the market maker in last couple of days,leading to a strong liquidation from buyers. Expecting to see one more manipulation to the downside,before starts a movement to the upside. Buyers are seeing currently the support above the breakout block before the last movement to the upside. As we have seen, there is a accumulation happening, so my expectation is that this movement will leave most of the buyers out before a big move happen.
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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.