Start of Accumulation .

From LH and LL we suddenly see Stopping Volume and we enter into a Side Ways Trading Zone . We see Huge Spread and Volume -- thats Institutional Buying ( Prelim Support - PS ) . We see the Selling Climax . SC . We see the easy Auto Rally . AR . The AR as expected cannot take us to a new High however it takes us to high of the PS Bar. THAT is a critical Bar . After AR as expected Volatility ( Volumes ) are lower BUT we see atleast a HL . A HL is a definite 100% evidence of CHANGE of Character . Instead of LL we hav seen a HL , WOW ! . The Demand Bar has now appeared .. Supply has tired a bit. DEMAND m has not yet overwhelmed Supply but atleast it is seeking parity... WE DONT enter the trade yet . We are waiting for several Secondary Tests down almost to SC levels . IF Lows are higher than SC then we will know Demand is winning out . IF upon approaching the Current RESISTANCE of new TR Down Bars are large with Volumes ---- Weakness resumes . We need to see STs and also Springs . We Can even trade Springs.. SO Time has not yet arrived to trade this.


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.