DislikedThis is my theory of the "mis-price" at 3334. Using Bollinger Bands as a model, the normal sequence of events has price oscillating between Tops and Bottoms. This is represented by price closing outside of the bands at extreme levels. Using the 1H as the timeframe, the sequence has recently gone from Top to Bottom but then instead of posting a new Top (this is the blank box in the chart below), it recorded a new Bottom. This then represents a mis-price of unresolved arbitrage. Therefore the current Top 3409 is out of sequence and cannot sustain...Ignored
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