XAUUSD we see fast rejection 1982 2nd day reject 1983 market and initiating resistance means someone is resisting and initiating .in terms of candle stick all look same absorption it could be consolidation hence confusion lots of people use the words you know as through they mean the same thing ok they are not interchangeable words how ever consolidation is where the market moves into sideways ways patters you can call this support and resistance . market interaction that is taking place in you other words if we see the market go back but up comes this price point we see a substantial amount of volume transacted at the higher price know we see some one sell aggressively sell , we see buyers filled 1974 after rejecting multiple times tend to get a little bit of a continuation type flow momentum type flow higher test the range sometimes price is leading the move some times there are other factors this flow someone has to come in and do something in prices irrelevant sometimes there is volume and someone comes in and say well i need to execute a hundred thousand contract you get specific type of movement
sometimes technical are relevant sometimes the fundamental relevant its important we have to navigate different areas all so important to note when your specific expertise you are effectively sometimes technical are relevant sometimes the fundamental relevant its important we have to navigate different areas all so important to note when your specific expertise you are effectively .
each 45min rotation we see each shift relative more aggressive we can see shift in dynamic we see absorption 1982 1980 sofa block less volume 1881 multiple times hit sellers aggressive to sell in that level volume was sustain in that level little bit lower bid up initiate selling they continue to initiate and continue initiate and continue to initiate . all the way to low of the day. hope fully it paints a picture for you.
