Market makers ritual, induction using long leg consolidation before entering pending short positions. After positions are filled they will reverse market price to combat prior market imbalances then rising price to get better sell orders and continuation of price.
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.