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Weakness of the buyer in the order book - Departure of large bid orders as the price approaches.
► 1. In the order book
• Departure of large bid orders as the price approaches — the support 'wall' disappears.
• Shifting large volumes up (bids rise closer to the current price) without aggressive execution — this is often an imitation of interest.
• The ask side thickens — new large sell orders appear that are not consumed.
• Departure of large bid orders as the price approaches — the support 'wall' disappears.
• Shifting large volumes up (bids rise closer to the current price) without aggressive execution — this is often an imitation of interest.
• The ask side thickens — new large sell orders appear that are not consumed.
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