What looks like distribution in the last two weeks is actually re-accumulation and the spike down in volatility is another clue.
Historically, in real distribution ranges/phases a spike down in volatility occurs on the up swings, in this case the drop in volatility is happening in the down swing of the range, a big clue this is not distribution.
And not just that but when volatility spikes down like that it’s almost alwasys a precursor to a massive move afterwards, I don’t think that move will be down, but even if it is, price will rebound strongly afterwards.
Historically, in real distribution ranges/phases a spike down in volatility occurs on the up swings, in this case the drop in volatility is happening in the down swing of the range, a big clue this is not distribution.
And not just that but when volatility spikes down like that it’s almost alwasys a precursor to a massive move afterwards, I don’t think that move will be down, but even if it is, price will rebound strongly afterwards.
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GreyPool.io
Try our automated trading strategies at: greypool.io
Try our automated trading strategies at: greypool.io
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.