Phase #1
Price reach a climactic high h1 with high tail high vol spike quick bearish response back into
trading range
Phase #2
Stop hunt
Price makes new high with weaker volume than h1 ending in high tail quick bearish response back in the trading range of h1
Phase #3
2-3 dips are made in range
Dip 1 or 2 dip goes into range of l1 with a fast return into h1 and h2
Dip 2 or 3 shorter bearish aggression than dip 1 Showing signs of strength that doesnt return higher than h2. But higher than dip 1 and 2.
Dip 2 or 3 to h3 markets looks unattractive not much transaction or market movements discouraging retail traders
H3 the last fake out price goes back into the range with weak Momentum showing exhaustion but strength to retail traders ending in a high bearish volume and momentum greater than h1 taking price quickly below h1
✌🏾
Price reach a climactic high h1 with high tail high vol spike quick bearish response back into
trading range
Phase #2
Stop hunt
Price makes new high with weaker volume than h1 ending in high tail quick bearish response back in the trading range of h1
Phase #3
2-3 dips are made in range
Dip 1 or 2 dip goes into range of l1 with a fast return into h1 and h2
Dip 2 or 3 shorter bearish aggression than dip 1 Showing signs of strength that doesnt return higher than h2. But higher than dip 1 and 2.
Dip 2 or 3 to h3 markets looks unattractive not much transaction or market movements discouraging retail traders
H3 the last fake out price goes back into the range with weak Momentum showing exhaustion but strength to retail traders ending in a high bearish volume and momentum greater than h1 taking price quickly below h1
✌🏾
