If the subsequent correction is greater than the previous correction, both in terms of price and time magnitude, then it is an early signal of a trend reversal.
WD Dann
We also know this as 'Imbalance'
Price moves fr two reasons:
1. Liquidity & Imbalance
WD Dann
We also know this as 'Imbalance'
Price moves fr two reasons:
1. Liquidity & Imbalance
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.
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.