waiting for climax selling for LONG
To me it looks like there has been distrubution (selling by istitutions) and now weak hands cannot hold up the CAD. Wait for selling climax and evaluate if buyers are coming in
Note
well...when I said waiting for the climax that is what I meant.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.