1->3 : creates solid major buyers in number 2 , if price closes below number 2 this is obviously invalidated and sellers are showing their hand now
3->4 : we return back to number 2 buyers
what do I think will happen next ?
* if number 2 buyers can prove themselves, this could be a very good market edge for the buyers to push the market higher, conversly if we push below number 2 , we would wait for a pull back below to other support, as the uptrend is too strong to consider a full on reversal
* frequency shifted obv return is possible and using that support to predict buying orders,
* hidden bullish rsi and mfi
3->4 : we return back to number 2 buyers
what do I think will happen next ?
* if number 2 buyers can prove themselves, this could be a very good market edge for the buyers to push the market higher, conversly if we push below number 2 , we would wait for a pull back below to other support, as the uptrend is too strong to consider a full on reversal
* frequency shifted obv return is possible and using that support to predict buying orders,
* hidden bullish rsi and mfi
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Join our public discord : discord.gg/hUUhRKByFt
To access my premium indicators , including unrestricted usage of public indicators ( all timeframes ) : whop.com/chaos-theory-indicator-s-5/?store=true
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.