How to trade bearish candlesticks with entries and stop levels.
The breakout target from the falling wedge was 105.6 . As you can see by the big red wick as soon as the dxy price reached 105.6 it did an abrupt reversal and morphed into a big red candle. Still a chance in the coming days it could rebound and still retest the 50ma or even reach the dotted tan lines target. However the exact precision of it flipping once it...
trying to get average entry filled around 9800 12hr candle was one of shittiest candle & with confluence of double top, this is a good setup
Bearish Weekly candle on the close of last week gives a good opportunity to short USD/ZAR with a stop just above the highs of the last few weeks.