This has most of the explanation in the body of the chart. What makes this a special case and rare, is the way the Justice trade setup morphed quickly into a Fortitude trade setup. By following our rules we would take a small loss on the Justice trade and be able to quickly identify a new opportunity in the Fortitude trade setup with the Hammer candlestick.
Note
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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.