MNQ Volume Price Analysis After Feds Raised Rates | 1hr + KT's
The market makers were in clear control of the news stop hunting both buyers and sellers within the same hour. After a long legged doji with ultra high volume printed, a huge Bearish Kangaroo Tail prints with high volume. The next few candles were confirming further weakness at the top with narrow spread candles and a baby Bearish Kangaroo Tail with volumes getting lower. After volume dried up, it was clear that buyer momentum was done and the distribution phase was coming.
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