No clear signal that the bull trend is reversing.
For now all the lows are increasing and we don't have any low that falled with respect any previous low. Also the volumes in selling times are always smaller and preceeded by higher buying volumes.
When we can see a clear day with a selling volume higher than previous buying volume that could be one signal. To be more sure we need to see which new highs and lows are going to form.
Thus the market could still grow much.
When we can see a clear day with a selling volume higher than previous buying volume that could be one signal. To be more sure we need to see which new highs and lows are going to form.
Thus the market could still grow much.
Disclaimer
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.