- The ratio of buyers and sellers is close to parity, it's time to think about price turning down.
- The Profit Ratio reversal indicator doesn't react on downward movement. This means that the movement is not fake.
- The activity of "fresh" bulls while the downward movement may indicate that the market crowd still does not believe in a Bearish trend.
- These accumulation of retail traders stop losses coincide with the level of the previous low. This level will serve as the target for our trade.
Chart & Analyst Comments
