As the financial markets enter a weekend hiatus, it is essential to provide an initial assessment. A preliminary examination of market conditions reveals the presence of accumulation dynamics. In particular, we observe a phenomenon often referred to as “absorption volume,” which traditionally signifies the culmination of a bearish trajectory. This phenomenon is distinguished by the emergence of an exceedingly voluminous price bar that concludes beneath the preceding bar, albeit on a notably …
AUDJPY 15 DEC 2023 for OANDA:AUDJPY by dee718
As the financial markets enter a weekend hiatus, it is essential to provide an initial assessment. A preliminary examination of market conditions reveals the presence of accumulation dynamics. In particular, we observe a phenomenon often referred to as "absorption volume," which traditionally signifies the culmination of a bearish trajectory. This phenomenon is distinguished by the…
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