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Technical analysis by bukharikhawer about Symbol SNX: Sell recommendation (1/16/2025)

https://sahmeto.com/message/3171044
bukharikhawer
bukharikhawer
Rank: 31244
0.9
Sell،Technical،bukharikhawer

Leaving a massive liquidity in the bottom is too scary to go long. So finally market take the previous re-distribution liquidity with very low volume that is suspicious. And now I like to see price is backing down to this liquidity and then we go for long safely. Right Now we must look for a Spring and then make a short position until it grabs all the buying limit orders.As I said Market is going to absorb all buying limit orders to the upside (Spring). Now we are heading to grab the bottom liquidity which left.

Translated from: English
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Signal Type: Sell
Time Frame:
1 hour
Price at Publish Time:
$1.88
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