Supply pressure look low. Waiting for price to come down a bit. We don't buy right into a supply zone or resistance. We look for buys out of demand zones and key support if the volume situation and background support it. Chasing price into unknown price areas is wayyy too risky.
See that stopping /climactic volume to the left? Do you know what it means? Have you heard of the principle of "effort versus result"?
See that stopping /climactic volume to the left? Do you know what it means? Have you heard of the principle of "effort versus result"?