the chart indicates a clear change in character and a pump in volume which means institutional buying, the price has retraced back to order block ( the original buying price ) with volume dry up specifying the institutions are still holding. This may result in another displacement of price on the up side due to imbalance of demand and supply
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.