Pure price action analysis here.
-Breakout with a long pole.
-Reversed at the Golden Ratio and trend line support.
-First candle - Doji (indecision)
-Second candle - Marubozu (Bulls taking over)
-Dragonfly Doji candle - Bears tried but Bulls won again.
-Breakout with a long pole.
-Reversed at the Golden Ratio and trend line support.
-First candle - Doji (indecision)
-Second candle - Marubozu (Bulls taking over)
-Dragonfly Doji candle - Bears tried but Bulls won again.
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*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.