Easiest way to tell, good vs bad contraction structures⏬ Good: • Tight range • Highs & Lows protected • Volume decreases during contraction, spikes at breakout • Follows the trend Bad: • Choppy / random movement • Multiple false breakouts • Uneven volumes during
@ChartistEdge Most losses come from mistaking a bad contraction for a setup 😭
@ChartistEdge @pikaso_me please screenshot this
A stock can trade sideways for weeks while traders panic, thinking it’s weak. What’s actually happening: strong investors are quietly absorbing shares from weak hands. Once the weak hands are gone, supply dries up. Even small demand pushes the stock higher. Lesson: Periods of
"Every price movement is rooted in one of these two elements: anticipation of news, an event, an important business change, or reaction to an unexpected event and a surprise, whether positive or negative."
#ATATP Oklara ve hacime dikkat....
