#total3 Maybe right now isn’t the best time for longs (with rare exceptions😅), since we’re near the VAH volume profile, and a correction would be appropriate.
But if this is a big range-bound move (purple rectangle) and the price holds above the global VAH volume profile, then the market’s uptrend will continue.
In general, something strange happened: the market didn’t quite reach the local POC structure and instead bounced off its VAH (this can happen too). But it would have been more logical to come lower along the trend.
Big players are confusing everything.🌞
And maybe this is still a “Head and Shoulders” pattern—just be cautious.💰
But if this is a big range-bound move (purple rectangle) and the price holds above the global VAH volume profile, then the market’s uptrend will continue.
In general, something strange happened: the market didn’t quite reach the local POC structure and instead bounced off its VAH (this can happen too). But it would have been more logical to come lower along the trend.
Big players are confusing everything.🌞
And maybe this is still a “Head and Shoulders” pattern—just be cautious.💰
