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RE: Are we currently in a false bottom, or is this the real deal?
Yes, i guess that is really possible. Too much Volume in this one Candle on the Daily Chart.
Yes, i guess that is really possible. Too much Volume in this one Candle on the Daily Chart.
Could you elaborate a bit?
This massive Volume, means in my opinion, that someone is pushing the price extremly, so that everyone jumps on again. Just to sell it again a little later.
Ah, the ole bull trap routine A... ain't fooling this guy that's for sure!