Quite a big candle downward when seen on a weekly... I would say that it looks like capitulation but unfortunately the volume is not there to convince me...
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Quite a big candle downward when seen on a weekly... I would say that it looks like capitulation but unfortunately the volume is not there to convince me...
Posted using Partiko iOS
Also the bounce is an inside candle, which usually indicates continuation of the previous move comes shortly after, which would be down.