You are quite right, that price moves are pretty weirdo these days.RplusT wrote: Tue Dec 01, 2020 8:45 pm Well, so it finally went up after a fast dip to trick some of the 1m die hards into selling and then buy them out. Why it hit the 30,000 again I don't know. Is it because Trump is forced to leave or because he still refuses....
Anyway, there is no logic. It's not easy to trade that way and we need to protect our all the time unless your funds are JP Morgan size.....
I'm not so sure about the "trick"....
Price simply hit the outer boundaries of TMA (Mladen's newest one) and pulled back to MA (see resistance to the left) before it moved up again.
On H1 it is pretty much a W-formation.
I made a clean standalone 