$NOT 👀👀
💥💥Let's discuss this structure! 💥💥
It's called the Strategy of Exhaustion!
After some initial rejection, it eventually hits the expected level!
**What is Exhaustion?**
Exhaustion occurs when most participants in a market are either long or short, leaving few investors to take the opposite side of the trade when participants want to close their positions. For example, if everyone has already bought, there will be no more buyers when those people want to sell, causing the price to fall.
**Understanding Exhaustion:**
A trend is exhausted when the price of an asset has moved too far in one direction. This can happen when the number of buyers decreases and sellers start to take over. Exhaustion is reached when the asset lacks support from buyers or sellers to continue moving either up or down.