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The open on 4th Feb opened up with a Gap up way beyond trending zone. Later on in the Day, it closed lower than the opening price indicating what was supposed to be a runaway Gap turn into an Exhaustion Gap meaning the trend will not continue with the same momentum as before.
High Volume indicate buyers exiting their positions after Booking Profit that the price reached way beyond trending Zone
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Hi sir,
Good find… Thanks for posting your analysis.