On 1hr bolinger contracted.
Hitting top and retract.
Same on 5min.
We will push price to the bottom bolinger on 1hr from here.
Count how many gapping down candles in circle on 5min
Adding for sale in red circle
On 1hr look on distance between support bunch of moving averages- it was very wide and holds first dip. But now they contracted- support became very thin. And one candle close below already happened.
Look on example like similar situation developed before .
Start moving down while i was publishing this.
Close above top bolinger on 1hr will be bad for bears.
And top this whole formation also top of the bolinger on 4hr.
Hitting top and retract.
Same on 5min.
We will push price to the bottom bolinger on 1hr from here.
Count how many gapping down candles in circle on 5min
Adding for sale in red circle
On 1hr look on distance between support bunch of moving averages- it was very wide and holds first dip. But now they contracted- support became very thin. And one candle close below already happened.
Look on example like similar situation developed before .
Start moving down while i was publishing this.
Close above top bolinger on 1hr will be bad for bears.
And top this whole formation also top of the bolinger on 4hr.
