Fakeout scenario on seller side..
On bigger time frame ng is making HH, HL
After yesterday selling candle, today when made new low and reversed sharply with hammer candle..it showed that sellers beame weak and buyers taking control again to ride full by breaking previous day high..
On bigger time frame ng is making HH, HL
After yesterday selling candle, today when made new low and reversed sharply with hammer candle..it showed that sellers beame weak and buyers taking control again to ride full by breaking previous day high..
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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.