/biz/ - Business & Finance

>>49560246
its how market works, listen here little brainlet ill explain
look at the area between the red lines, thats called singleprints and we had those since morning, means there was no fair auction (which is actually what the market is called) at that point and after we tried to break the balance it formed over the day (downwards wick), we got bought up to the unknown level where the singles are, there it was denied from entering the upper level and was prime entry for shorts
if you have questions ask away, its complicated and i might have not explained it perfectly, but it works, its literally reading the market and works for every asset with decent volume