If it appears the red circle situation (breaks the resistance with large body part and less wicks).....
I would set up a buy side to bet on the reversal of the whole trend...
or you may apply this by box theory....anyway..same same...
otherwise.... still wait and see...
I would set up a buy side to bet on the reversal of the whole trend...
or you may apply this by box theory....anyway..same same...
otherwise.... still wait and see...
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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.