What is poppin for week 4 of April: It be a Bear probability
So for the week, we had a banging Bear candle. This is leading from a pin bar plus a smaller Bear candle. This confirms the rejection or higher prices and now will focus on heading to one of two support prices, the 71.3 and 71 mark.
For the Day chart, we have an uneventful Monday and Tuesday, but then Wednesday attempted to break away but Thursday and the bears had a different idea, instead, it commenced the Bear breakout and it finished quite strong, by that I mean no tail. The volume has steadily increased. The OBV has changed direction. There are more Bear activities than Bull
This information created and published by me on TradingView is not prohibited, doesn't constitute investment advice, and isn't created solely for qualified investors.
So for the week, we had a banging Bear candle. This is leading from a pin bar plus a smaller Bear candle. This confirms the rejection or higher prices and now will focus on heading to one of two support prices, the 71.3 and 71 mark.
For the Day chart, we have an uneventful Monday and Tuesday, but then Wednesday attempted to break away but Thursday and the bears had a different idea, instead, it commenced the Bear breakout and it finished quite strong, by that I mean no tail. The volume has steadily increased. The OBV has changed direction. There are more Bear activities than Bull
This information created and published by me on TradingView is not prohibited, doesn't constitute investment advice, and isn't created solely for qualified investors.
Comment:
bang on 5 from 5