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In a similar vein, anyone knows how to read the patience of sellers and buyers by looking at the charts? I guess one could see whether some standard price move
by dmichulke 5y ago
In a similar vein, anyone knows how to read the patience of sellers and buyers by looking at the charts?
I guess one could see whether some standard price moves seem "interrupted" by intermittent selling? So e.g., the price in a previously established channel doesn't hit the upper resistance as much as the lower resistance?
Any other takes?
- inyourtenement 5y agoI guess you could look at which orders were unfilled and how quickly they were filled at lower or higher prices. Also see candlestick charts. https://www.investopedia.com/trading/candlestick-charting-what-is-it/ https://www.investopedia.com/trading/candlestick-charting-wh...