This is what i can see to AMC, as much I would like to be wrong, there is just too much selling pressure.
The lines you see are Order Blocks and not "Supply and Demmand" the abrupt Bull Climb in May created a gap, that more then once in anything "Forex, Stocks, Crypto" its allways filled.
Shape Ratio its negative since 30 November, and keeps on going.
The reversal that everyone waits an want I dont see it before going down to 10 or iven 8. There is some recover to Happen in the next weeks towards 28.
Again im analysing what I see, not what I want it to be.
Like your post @ArraisJesus. Your downside target is very similar to the one I just reached (using a different kind of analysis). keep up the good work.
ArraisJesus
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@Burning-Theta, Thank you. Kind Regards
SquishTrade
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And I agree with you that the gaps are always (virtually always) filled.