.. This is likely a stretch but:
downtrend
3-4 day trading range (cycle)
8-10% move per cycle
slight demand increase to slow down progress to the down side
decreased supply pressure at 14 EMA
converging with previous resistance (creating demand thus slowing progress)..
Trying to think 2-3 times ahead. What makes sense? Where are they taking the price? Who are the winners and who are the losers? When and what are going to be events to create movement/announcements?
Practice*
downtrend
3-4 day trading range (cycle)
8-10% move per cycle
slight demand increase to slow down progress to the down side
decreased supply pressure at 14 EMA
converging with previous resistance (creating demand thus slowing progress)..
Trying to think 2-3 times ahead. What makes sense? Where are they taking the price? Who are the winners and who are the losers? When and what are going to be events to create movement/announcements?
Practice*