BEARISH Crab@1.618XA
Earlier this same crab given good reaction on Type1 entry at 1.618XA & Hit TARGETS
Horizontal BLACK DOTTED lines r High & Low of ULTRA HIGH Volume CANDLE .Vertical dotted line is ULTRA HIGH VOLUME i.e SMART MONEY
ULTRA HIGH VOLUME for going SHORT we need LOW VOLUMES in the area of ULTRA HIGH VOLUME BAR. Low volume shows no interest to the downside from Smart Money so prices will not go lower..
Crab may also go to 1.902A Before giving REACTION & Reversal .If price Breaks Red Trend line is where EXIT before SL hits
price need to follow Green Trend line & hit target
POTENTIAL SELL
Earlier this same crab given good reaction on Type1 entry at 1.618XA & Hit TARGETS
Horizontal BLACK DOTTED lines r High & Low of ULTRA HIGH Volume CANDLE .Vertical dotted line is ULTRA HIGH VOLUME i.e SMART MONEY
ULTRA HIGH VOLUME for going SHORT we need LOW VOLUMES in the area of ULTRA HIGH VOLUME BAR. Low volume shows no interest to the downside from Smart Money so prices will not go lower..
Crab may also go to 1.902A Before giving REACTION & Reversal .If price Breaks Red Trend line is where EXIT before SL hits
price need to follow Green Trend line & hit target
POTENTIAL SELL
Comment:
SORRY Low volume shows no interest to the upside from “Smart Money” so prices will not go higher