What is confirmation? Look at this price story: There is something on the left that hold price we call it number 1. Traders quiz: why? Why price stopped here? We also have something that keep price down and we call it number2. Again quiz: why? This is a range area where supply and demand are equal . Buyers or sellers? Who may control the game? Which one is winner of battle? We also have a blue flash where buyers cleaned sell orders and engulf number2 area. This is a confirmtion but keep in mind most of time after this scenario price retrace to load main orders from where there is a clear decision . This is very simple and can help you understand how to play in market when there is a similar story. Have a safe trading week.
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Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.