Support line hit Part 3
Apart from Price Action and indicator confirmation, the last 2 candles show a Bullish Harami. To my experience, this formation doesn't necessarily means a long term trend change. But it does predict a change. Harami is quite trustworthy formation.
With the confirmation of part 1,2 and 3, I can say LONGGGGGGGGGGGGGGG!!!!!!!!!!!
For more info about Harami candle formation:
onlinetradingconcepts.com/TechnicalAnalysis/Candlesticks/Harami.html
With the confirmation of part 1,2 and 3, I can say LONGGGGGGGGGGGGGGG!!!!!!!!!!!
For more info about Harami candle formation:
onlinetradingconcepts.com/TechnicalAnalysis/Candlesticks/Harami.html
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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.