9 consecutive red candles,in the last 10 years this has only happened 4 times. 3 of those four proceeded to 10 consecutive red candles, 2 of those three proceeded to 11 consecutive red candles, 1 of those two proceeded to 12 consecutive red candles.
Price is sitting on a weekly trendline with 2 previous bounces, oil prices are on the rise, price has fallen since closing beneath the wedge with H+S formation.
Target 1 - 60 pips
Target 2 - 120 pips
Stop Loss - 30 pips
Price is sitting on a weekly trendline with 2 previous bounces, oil prices are on the rise, price has fallen since closing beneath the wedge with H+S formation.
Target 1 - 60 pips
Target 2 - 120 pips
Stop Loss - 30 pips
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.