MOTHER BARS are candles with a variety and above common quantity. Above common quantity is have to “strengthen” the transfer. The broader the vary, the harder to interrupt the highs and lows of the mom bar.
Shorts should break the lows to sign these ready on the sidelines that value will drop and the momentum from “new shorts” will lower the value.
Conversely, a break above the highs of those bars is a sign for consumers ready to enter and go lengthy.
The nearer the “targets”, whether or not lengthy or brief, the better the momentum for value to go in a path.
How are you aware which path the inventory is shifting? Pan out and have a look at the MONTHLY. See ATER September quantity ALREADY PASSING AUGUST WITHIN THE FIRST WEEK, AND A SHORT TRADING WEEK FOR THAT MATTER?
That is what’s known as CONTINUITY. Checking continuity earlier than deciding to enter ensures that your stake is positioned in the suitable path.
!!! ALSO, NOTICE THAT SEPTEMBER CANDLE IS A BULLISH ENGULFMENT OF AUGUST !!!
What’s extra, whether or not WSB is supporting ATER or not DOES NOT MATTER !!! There’s already ABNORMAL VOLUME FLOWING IN. Look how low the 50 day common line for quantity lies. The place is that this coming from? Who is aware of….however it certain strikes the inventory !!
So, will we perceive know why SHORTS ARE HAVING SUCH A PROBLEM?
Shorts do not understand that the pattern is UP as indicated by the month-to-month chart
Mom bars have such a variety, they’re tough targets to brief to SIGNAL different shorts to hitch
The VOLUME for these mom bars are ABNORMALLY ABOVE AVERAGE
HOW LONG WILL THIS GO ON? I THINK FOR A LOOONNNNGG TIME. WHY?
SIMPLE……THIS IS ONLY THE BEGINNING. THE MORE EYES, THE MORE SHORTS ARE SQUEEZED !!!