iExecRLC Reversal Candle
This Doji here, marked purple, works as a reversal candle.
Anywhere we find a Doji it can signal indecision entering the market.
Once we have the Doji at support, followed by a bullish candle... This confirms that change is coming.
One normally looks for a multiple candles for confirmation but the break and close above EMA10 and EMA50 should be enough to support this candle.
One can easily open a position here with very low risk and high potential rewards.
This is not financial advice.
Namaste.
Anywhere we find a Doji it can signal indecision entering the market.
Once we have the Doji at support, followed by a bullish candle... This confirms that change is coming.
One normally looks for a multiple candles for confirmation but the break and close above EMA10 and EMA50 should be enough to support this candle.
One can easily open a position here with very low risk and high potential rewards.
This is not financial advice.
Namaste.
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lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🥇XRP +1950 🥇ADA +2216% 🥇AVA +536% 🥇AAVE +417%
t.me/alansantanatrades/971
🔝 Cryptocurrency Technical Analysis
followalan.com
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