dampol
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Potential Buying Climax Weakness Coming

POLONIEX:BURSTBTC   Burst / Bitcoin
Ultra High Volume very Wide spread up bar closing at middle next bar confirms weakness at recent up movement. Potential Selling coming.
It will go down ??
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dampol AnkyAnky
@AnkyAnky, if price action remains bellow 165, change in behavior and test of area on up bar low volume or up bar on high volume will confirm the weakness.
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AnkyAnky dampol
@dampol, thank for rply
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dampol AnkyAnky
@AnkyAnky, my pleasure buddy. remember test of that price level next bar should confirm the weakness . I mean up bar narrow spread usually closing at middle (no demand) next bar should be down. other gral case is up bar on high volume (if rejected close at middle-near low better) and next bar should also be down bar to confirm weakness. happy trading pal.
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