Buyers switch to seller, a case for the downside - SELL 1. buyers push up with a small higher high and low flow
2. something occurs here, sellers enter and we can see when
we return to the origin of the #1 buyers, at #3 , we dont have
the original interest
3-4. the range of consolidation before breaking below
5-6. a return to resistance.
* my thoughts
1. switch and confirm seems to be the case here ,
those buyers are now convinced sellers
2. we have a 65% follow through rate for breakdowns, thats
quite good, I think a sell trade is the play here with logical stop
and TP provided by chaos theory indicator.
