Orderflow! Every market has its ups and downs and everybody wants to catch the tops and bottoms. But before you know what the top or bottom might be its usefull to use the orderflow method to determine who has the upperhand. Cause in the end its all about if the bulls can make a higher high or the bears can make a lower low.
Order flow allows you to see if any momentum is weakening and if depths is getting smaller. These are signs that the bears don't have enough strenght to push the price further down. This can indicate a price reversal.
The image above here would be a bearish scenario. It could also be the other way around and that the bulls are weakening which indicates a bearish reversal.
There would also be a 3rd orderflow indicator which is the projection. It can't be seen on the image above here but it's simply the hight of the correction to the upside.
Pure educational. Thankyou guy!
