so people you can't not SELL here, price now is surly reversing, the effect of that wick, that rejection is really strong.
and there is no escape anymore, price brock the 209 HMA and now it's heading for the 369 HMA, plus exiting that special area where price always makes a strong move.
let's just see it from a price action perspective, price have been rising strongly for the last week, and at 28 Dec 2021, market showed the first sign of a possible reverse, and it's volume was larger than it's past two days, so it was like breaks for the price. and price did sideway afterwards.
and that strong rejection of today was amazing it confirmed my thought on the market and made me sure that I was right and price will drop.
and there is no escape anymore, price brock the 209 HMA and now it's heading for the 369 HMA, plus exiting that special area where price always makes a strong move.
let's just see it from a price action perspective, price have been rising strongly for the last week, and at 28 Dec 2021, market showed the first sign of a possible reverse, and it's volume was larger than it's past two days, so it was like breaks for the price. and price did sideway afterwards.
and that strong rejection of today was amazing it confirmed my thought on the market and made me sure that I was right and price will drop.
