If there wouldn't be my name, i would be lazy to comment
AT first i look back and ask myself - what kind of bars moved market Up previusly. Does we have such bar (bars ) ( volume and price ) NOW to think that this is accumulation ?
Also, bars are making lower highs and lower lows, ALL IS DOWN.
I don't think there is much more yet on charts that gets my attention.
EDIT:
This is my view and how i look on charts and that doesn't mean i am right...
Best,
Tom
AT first i look back and ask myself - what kind of bars moved market Up previusly. Does we have such bar (bars ) ( volume and price ) NOW to think that this is accumulation ?
Also, bars are making lower highs and lower lows, ALL IS DOWN.
I don't think there is much more yet on charts that gets my attention.
EDIT:
This is my view and how i look on charts and that doesn't mean i am right...
Best,
Tom
Dislikedany comments appreciated, Tom
in my opnion, last 4 down bars show accumulation, especially the one before the last one seems a stop vol with its higher volume..
the daily last down bar actually formed with up move with very low volume and following very high volume with down bars. so as if, it seems a no supply bar in the first half of the day with low volume, and later on, daily volme became down bar with high volume.
the last 4-5 bars may bring up move for several days, however there is really very strong down trend...
but, there is...Ignored