Breadth tools have the capability to detect the fake moves and help you to understand the real interest in the markets.
In the scenario highlighted, the last move with positive cash flow was from 28770 to 28840, so the intraday traders money was blocked.
People think that it will retrace back as the previous candle didn't cross the previous low.
The real investors take this as an opportunity to Sell their longer timeframe positions.
A trader with Right breadth tools can detect these moves easily, can stay safe and profitable.
Happy Behavioural Trading.
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