So as of right now we've shown a lack of responsive buying. Open-reject-reverse type that auctioned straight through the HVN. Price testing the buying tail from last Tuesday. So we need some responsive buying at this level or that lower gap is probably on the table, right?
According to Dalton, open reverse reject we expect extremes to hold less than half the time. Since sellers seem to have taken over and buyers aren't responding well to a previously defended level, it's safe to assume we're not returning to the opening. We're currently one time framing. So I think I'll consider fading highs.
So as of right now we've shown a lack of responsive buying. Open-reject-reverse type that auctioned straight through the HVN. Price testing the buying tail from last Tuesday. So we need some responsive buying at this level or that lower gap is probably on the table, right?
According to Dalton, open reverse reject we expect extremes to hold less than half the time. Since sellers seem to have taken over and buyers aren't responding well to a previously defended level, it's safe to assume we're not returning to the opening. We're currently one time framing. So I think I'll consider fading highs.
I thank you for doing this daily.
Felices fiestas y un prospero Ano Nuevo, Smashelito! Muchas gracias por compartir constantemente tus conocimientos. Cordiali saluti da Helsinki.
Thank you Smash!