Many people got sucked in too early. Now the dust has settled and traders moved to seemingly juicer break-out set-ups. However, I find the candlestick combination quite compelling, ie. two hammer in a row, and then an inverse hammer inside the first two.
It's always just a probability, but I wouldn't be surprised to see this "hammer a bottom" soon...
It's always just a probability, but I wouldn't be surprised to see this "hammer a bottom" soon...
Note
Trade failed after lows breached. Position closed
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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.