This exhaustion gap is the first signal of weakness.
The few bars before were kind of inside days, so any sign of rejection in the previous bars was just supply consumption driven by FOMO.
Next overhead resistance is the 0.618 fib level.
The volume should start giving clues as well.
The few bars before were kind of inside days, so any sign of rejection in the previous bars was just supply consumption driven by FOMO.
Next overhead resistance is the 0.618 fib level.
The volume should start giving clues as well.