Price closed above horizontal support resistance level. Set Buy Limit Order. Set entry at horizontal level.
Note: Trend is up; Horizontal Level has 4 touches. EMA 10 EMA 20 has a positive slope.
Prices go up because there is an aggressive increase in buy market orders and prices go down because there is an increase in sell market-orders.
Prices don't go up due to more sellers, an imbalance in the market can't exist.
Summary:
Buy Market Orders buy from sell limit orders. By doing that they buy the cheapest price someone else is willing to sell them for....
