Combining some of my charts...
1: st august pops up!
1: st august pops up!
Note
The ratio is declining rapidly, as expected.Someone tell me why I am right?
Haven't read any books about this...
Note
I believe the bull run to be fake. Because of the cowardly price movement.
Note
What I'm trying to say is that the forces involved when these two channels meet and separate should be large. The result should be that the ratio value should either be glued or be completely repelled (accelerate from it). This is not happening, therefore I believe it to be fake.
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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.