Recent 3 days, Asia trading time have not been keeping US trading hour up trend trading but instead keeping dump.
Will it continue this dumping pattern in Asia Trading Hour?
If Yes, then might retest low, said 800 hours simple moving average, or 900 hours simple moving average.
If No, the upper resistance will be 240 hours and 360 hours moving average.
Will it continue this dumping pattern in Asia Trading Hour?
If Yes, then might retest low, said 800 hours simple moving average, or 900 hours simple moving average.
If No, the upper resistance will be 240 hours and 360 hours moving average.
Comment:
Ummmm......Our 3 hours before guess maybe IT IS:
"--The Expecting price going up Position is continue to Grow, and "
"--The Expecting price going down Position is continue to Liquidate "
"Ummmm... Message seems: Someone else is absorbing continuously and quietly while price drop."
"--The Expecting price going up Position is continue to Grow, and "
"--The Expecting price going down Position is continue to Liquidate "
"Ummmm... Message seems: Someone else is absorbing continuously and quietly while price drop."
Comment:
It looks like the bear seems to set on the driver seat.
If the bear want to break the low side, look like a small dumping volume can do it.
Let's wait if the bear want to break it down or not.
If not... then something special.
If the bear want to break the low side, look like a small dumping volume can do it.
Let's wait if the bear want to break it down or not.
If not... then something special.
Comment:
Day 1: Bear try to push down, someone absorbing the push down orders.
Day 2, day 3 day 4 Day 5: Bear continue to push down, someone continue to absorb it.
Volume continue to drop, drop, drop and drop.
Push Down Marginal effect Decrease.
Day 2, day 3 day 4 Day 5: Bear continue to push down, someone continue to absorb it.
Volume continue to drop, drop, drop and drop.
Push Down Marginal effect Decrease.
Comment:
10 days moving average (240 hours) just cross above 12 days moving average.
Comment:
hit and run.
Comment:
Hit and run.
Fighting
Fighting
Comment:
Sound like nothing change.
Sound like nothing change.
Comment:
Balance Triangle Development.
Create some more space for the upside for side walking......
Balance Triangle Development.
Create some more space for the upside for side walking......
Comment:
As per yesterday comment:
"Balance Triangle Development.
Create some more space for the upside for side walking......"
Because 960 hour moving average providing a good support. (After 3 times major try to test low, and the dropped was rejected). After one day side way Walking. Now Working fine to testing upside resistance.
"Balance Triangle Development.
Create some more space for the upside for side walking......"
Because 960 hour moving average providing a good support. (After 3 times major try to test low, and the dropped was rejected). After one day side way Walking. Now Working fine to testing upside resistance.
From the Expecting price going up/down Open Interest message:
It seems that
--The Expecting price going up Position is continue to Grow, and
--The Expecting price going down Position is continue to Liquidate
Ummmm... Message seems: Someone else is absorbing continuously and quietly while price drop.
If we can not confirm the big market development, maybe this time frame Hit and Run Strategy could be executed.