The belt created by @spacemanbtc rejected $HSI breakout and created weekly OTFD. From the perspective of market profiles, weekly imbalance indicates bearish sentiments among traders and further downtrend expected.
Theme: STFR
Bulls target: reclaim 20633 and tackles above 20985, but note that top belt is leaning lower
Bears target: stay below the single prints around 20300, take out and weekly close under the weak low
Theme: STFR
Bulls target: reclaim 20633 and tackles above 20985, but note that top belt is leaning lower
Bears target: stay below the single prints around 20300, take out and weekly close under the weak low
Comment:
