The indicator is almost neutral, which means that entries/accumulation have run their course.
I had a TP at 0.21, 0.22.
Will it make a big short if it doesn’t break through?
You’ll know 😜✅🎯
Congratulations if it works out for you.
Do your own financial analysis.
If distribution turns strongly negative now, selling will depend on the K values shown by the indicator.
Always measure on the 4-hour chart, then on the 1-hour chart.
It’s not useful on minute timeframes because of the noise.
If it moves sideways, you’re safe.
If it starts moving in nervous waves at this decisive moment, don’t enter.
Indecision or parity between incoming buyers and outgoing sellers.
It works a lot like the RSI, but it doesn’t indicate overbought or oversold conditions, which aren’t always what the indicator is showing.
Set the RSI to 4 hours and 1 hour too. It’s not useful for timeframes of just a few minutes.
Every indicator has its own timeframe for use, depending on the trade you make.
I had a TP at 0.21, 0.22.
Will it make a big short if it doesn’t break through?
You’ll know 😜✅🎯
Congratulations if it works out for you.
Do your own financial analysis.
If distribution turns strongly negative now, selling will depend on the K values shown by the indicator.
Always measure on the 4-hour chart, then on the 1-hour chart.
It’s not useful on minute timeframes because of the noise.
If it moves sideways, you’re safe.
If it starts moving in nervous waves at this decisive moment, don’t enter.
Indecision or parity between incoming buyers and outgoing sellers.
It works a lot like the RSI, but it doesn’t indicate overbought or oversold conditions, which aren’t always what the indicator is showing.
Set the RSI to 4 hours and 1 hour too. It’s not useful for timeframes of just a few minutes.
Every indicator has its own timeframe for use, depending on the trade you make.