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We move to the next candle with a double arrow below. This is a doji that closes equal to the previous bar and in the upper portion of its range. Volume on this bar is Ultra high. There is SUPPLY in the market at this stage. Price moves down from here. |
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Hello PP,
Nice post and analysis.
But I did not understand, the statement which I have marked in the Bold.
Could you explain, how did you arrive at this point that there is supply in the market?
sds.