short term bearish change in behavior

Nov 24, 2019

disclaimer... not an investing/trading recommendation

Nov 25, 2019

Note

the market openning surprised me, the first 5 mins candle, formed a hge buying tail below the 20ma, the second one closed above it, third one was a bullish bar...

that was enough evidence regarding negation of the bearish scenario..

the bears tried their best to break the price down and were completely capitulated within the first 15mins of market...



long trade initiated on negation of the bearish scenario....
closed at 2293, after appearance of high volumes in the 2288 price point...