Back to old times :)....
Updated
And now... what's up :) ?
Note
Price spiked :)... It will be interesting to monitor the candle close :).<img>tradingview.com/x/uPFb2Erl/</img>
Note
As previously said, next days need to be monitored closely :)... <img>tradingview.com/x/hxx3mgha/</img>
Note
Based on the candle close, now, we should wait for some consolidation before validating sell signal.<img>tradingview.com/x/nQHIjHSt/</img>
Note
Those who followed early signal, already booked a great profit :) ...<img>tradingview.com/x/hvlQEjx6/</img>
Note
Considering momentum, pullback seems very limited. So, a short setup around 5500 CNY seems right.Note
Don't be fooled by current price increase that is still the previous limited pullback. See it as some kind of volume divergence :)...Consider the Fibonacci retracement levels in regard to weak momentum/pullback.
<img>tradingview.com/x/gUQpsZ3K/</img>
Note
We are still within the same weak momentum :)...<img>tradingview.com/x/gs4OMIjH/</img>
But, focus on the relevant detail : the exceptional low volume !
Last time, such low volumes have been met, was in... 2013 !
<img>tradingview.com/x/bCFONec8/</img>
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.