Hey!
There could be a small opportunity to sell on the blue area but we need a candlestick pattern confirmation to be fully sure about it. So, I will make an update when I see some bearish candlestick pattern BUT if I'm not online then those candlesticks patterns have to be at least on the 4H timeframe and those are - Engulfing, Shooting Star, Evening Star, Railroad tracks and Tweezer Top!
Be ready and watch it closely, we can't jump into the trade right away when the price reaches into the blue area because the other criteria are not so strong and definitely we need candlestick pattern confirmation or at least some decent rejection!!
Please, do not forget to support my idea post by hitting the "LIKE button!
Thank You very much!
Have a nice day!
Cheers!
*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
There could be a small opportunity to sell on the blue area but we need a candlestick pattern confirmation to be fully sure about it. So, I will make an update when I see some bearish candlestick pattern BUT if I'm not online then those candlesticks patterns have to be at least on the 4H timeframe and those are - Engulfing, Shooting Star, Evening Star, Railroad tracks and Tweezer Top!
Be ready and watch it closely, we can't jump into the trade right away when the price reaches into the blue area because the other criteria are not so strong and definitely we need candlestick pattern confirmation or at least some decent rejection!!
Please, do not forget to support my idea post by hitting the "LIKE button!
Thank You very much!
Have a nice day!
Cheers!
*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
