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biggest bar on volume surge, hopefully this is an exhaustion bar.
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Cobra wrote:biggest bar on volume surge, hopefully this is an exhaustion bar.
Cobra I amnot fammiliar with the exhaustion bar could you elaborate.
I've explained in the chart, biggest bar plus volume after a few down bars usually means exhaustion as chances are all sellers are sold, no one left in the market to sell, so should be a rebound of some kind which is indeed.
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Cobra wrote:biggest bar on volume surge, hopefully this is an exhaustion bar.
So is this one leg down, Cobra?
not sure, may have another leg down.
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Cobra wrote:biggest bar on volume surge, hopefully this is an exhaustion bar.
Is there a down target here?
no
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