Ranging and Volatile market state
This is ranging and volatile market state with typical market orders distribution.
You can see how the market orders define levels of support and resistence.
This is ranging and volatile market state with typical market orders distribution.
You can see how the market orders define levels of support and resistence.
Comments
OK now I would show another shot from oanda. It is about the same market condition ranging and volatile.
Where where the accumulation of stops and what levels were actually reached? Pay close attention lol and compare with the previous shot. Are there any similarities?
I can add a more recent example of ranging and volatile market conditions.
However we we look at multiframe perspective things are even more interesting. That is because what may appear as range on a very big frame is a trend on the smaller time frame.