Disliked{quote} sure......but in my humble opinion is best to fade those spikes at the extreme of a range or of a weak channel......... this lady has been building up gently in the last 5 days as she did not wanted to be noticed........Bulls had enough sell orders in the market to start buying upwards since the LL of the 7/11...... ......"yesterday she went lower to finish higher".... Only my perception..... Of course many ways to skin both bears and bulls......Ignored
The trend is fueled by both parts...
Bulls have to chase because prices are traveling in a tight channel......and bears becoming bulls by covering at a loss.....
trading is simple but is simple is not easy.
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