Going on with the theme of the short squeeze;
We now see a W formation at the lows on 5 min time frame as well as 15 min. There is also the W formation on the higher daily timeframe and weekly.
Also notice how we hit a round number at the bottom there, that's the market makers orders usually. Now pump it up!
We now see a W formation at the lows on 5 min time frame as well as 15 min. There is also the W formation on the higher daily timeframe and weekly.
Also notice how we hit a round number at the bottom there, that's the market makers orders usually. Now pump it up!
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Related publications
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.