Just like Tuesday, today’s session resulted in an inside day, marked by its price range being contained within the previous day’s range, implying short-term balance.
Thanks, my friend! Today's trading session was outstanding. I experienced some losses, but ultimately, I finished with substantial gains.
Hey Smash,
Is there a nuanced difference between reversal due to absorption and reversal due to exhaustion?
Because I often see both types of reversals when looking at order flow.
Also, is "Total Volume" important when identifying reversals?
Thanks, my friend! Today's trading session was outstanding. I experienced some losses, but ultimately, I finished with substantial gains.
Hey Smash,
Is there a nuanced difference between reversal due to absorption and reversal due to exhaustion?
Because I often see both types of reversals when looking at order flow.
Also, is "Total Volume" important when identifying reversals?