Background - down trend.
Trading range initiated on very high volume
Range duration was approximately 5 days
Break of support (fall through the ice?) into fake break/TSO with increased volume
confirmed "no-supply" test (circled) at resistance
approximate 0.38% positive impulse out of TR.
Indicator:
LB support and resistance tool
Volume
Trading range initiated on very high volume
Range duration was approximately 5 days
Break of support (fall through the ice?) into fake break/TSO with increased volume
confirmed "no-supply" test (circled) at resistance
approximate 0.38% positive impulse out of TR.
Indicator:
LB support and resistance tool
Volume