EU:
I see, now with more candles following that last red one, a SonicR short setup.
What appeared to be stopping volume....stopping the drop, to Sonic, could be a whipsaw by the BBs to close more longs/acquire more shorts. It could be that is what the whole day has been about, starting with the blue rising volume candles in the asian session, because volume has increased the higher the price has gone.....closing longs/acquiring shorts, before tomorrow.
I am trying not to speculate. So what I see now is a SonicR short setup. Unfortunately, it is at the end of the London session. The rest of the week should be interesting.
Edit: Add H1 chart showing red (starting/stopping?) candle with miniscule body! I am not suggesting getting deep into individual candle analysis, but after a good run doesn't a high volume/small body candle strongly suggest a reversal....but you still must confirm via follow-on candles?
I see, now with more candles following that last red one, a SonicR short setup.
What appeared to be stopping volume....stopping the drop, to Sonic, could be a whipsaw by the BBs to close more longs/acquire more shorts. It could be that is what the whole day has been about, starting with the blue rising volume candles in the asian session, because volume has increased the higher the price has gone.....closing longs/acquiring shorts, before tomorrow.
I am trying not to speculate. So what I see now is a SonicR short setup. Unfortunately, it is at the end of the London session. The rest of the week should be interesting.
Edit: Add H1 chart showing red (starting/stopping?) candle with miniscule body! I am not suggesting getting deep into individual candle analysis, but after a good run doesn't a high volume/small body candle strongly suggest a reversal....but you still must confirm via follow-on candles?