Full transcript
0:00the price was going upwards and then in here there was a high volume node with huge volumes
0:09both on bid that's here bid and on ask and that's the absorption it is telling us that
0:16buyers were pushing the price upwards and we see their aggressive orders in here on ask
0:24but at the same time sellers started to sell aggressively as well we can see them in here
0:31and the price stopped to move that's important with the absorption the pressure either buying
0:37or selling gets absorbed right and that's why the price stops to move and heavy volumes are
0:45being accumulated so this is where the absorption took place and after that the
0:52trend changed because the buyers ran out of fuel sellers took over and it was a change of a trend