What we call a V-formation, followed by a test. The test comes in with weak sellers and very slow. Followed by strong buying power, where sellers can't do much.
Price has turned in a range, where the buyers seem to be stronger.
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.