Passage;
👨💻 There once lived a set of market makers who used Pavlovian signaling, and price drop 🫳 techniques, alongside an extended bear market.
It was said that human nature assumed the worst factors, on past historic responses.
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In simple words, let's not make quick assumptions. Whilst it's clear the market can cool down, before retesting the weekly structure. Remain vigilante.
Data analysis
Aside the fear aspects that have been promoted above. I want to represent a clear view mental understanding of what I am looking at with the current bull trend.
✴️ Fourth of July represented lower key volume zones. Based on overall stock market opening times.
✴️That pivot of volume is key to the midline of the main channel leading.
✴️For now we will represent the "three driver save structure."
✴️KDJ which is our pressure indicator - bellow, is upturning.
📊 Volume which has been marked with points - Has been equalised to attack high leverage. Then drive the price up, just in time for the lower stock market volume.
Your attention should be noted at the point of the main channel. The fear aspect is losing that within an engulfing body. As the force of volume to bring us up, is significant.
I am still currently seeing a bull trend.
Historic
Weekly factored points are telling, a retest on the breakout, alongside prior trained pesimistic sentiment, tends to drive bull trends.
👨💻 There once lived a set of market makers who used Pavlovian signaling, and price drop 🫳 techniques, alongside an extended bear market.
It was said that human nature assumed the worst factors, on past historic responses.
‐------------------------------------------
In simple words, let's not make quick assumptions. Whilst it's clear the market can cool down, before retesting the weekly structure. Remain vigilante.
Data analysis
Aside the fear aspects that have been promoted above. I want to represent a clear view mental understanding of what I am looking at with the current bull trend.
✴️ Fourth of July represented lower key volume zones. Based on overall stock market opening times.
✴️That pivot of volume is key to the midline of the main channel leading.
✴️For now we will represent the "three driver save structure."
✴️KDJ which is our pressure indicator - bellow, is upturning.
📊 Volume which has been marked with points - Has been equalised to attack high leverage. Then drive the price up, just in time for the lower stock market volume.
Your attention should be noted at the point of the main channel. The fear aspect is losing that within an engulfing body. As the force of volume to bring us up, is significant.
I am still currently seeing a bull trend.
Historic
Weekly factored points are telling, a retest on the breakout, alongside prior trained pesimistic sentiment, tends to drive bull trends.
Trade closed manually:
This trade was unsuccessful.
32,200.00 - As a retest structure
33,680.00 - As a fair target value
Pushing above these target values would indicate a push into the bull channel of 33,900 - A saved body candle inside this area, could initiate a bull run.