Hello Traders.
Good bullish daily candlestick pattern.
We have a very strong bullish segment. We know it is very strong because the long volume of the accelerated volume indicator, the green line (bullish volume is very strong).
Then we have a correction of the bullish segment where the short volume (red line of the accelerated volume indicator) is not very strong, in fact, the volume is declining.
Right now, the price is in the area of the average and in the area of the 61.8% fibo of the strong bullish segment. Finally, the volume lines are about to cross, with the green line (buying volume) returning to dominate.
As soon as this pattern happens we will have a long entry, and as long as the buying volume dominates the selling volume we can be inside the market.
Have a good day.
Good bullish daily candlestick pattern.
We have a very strong bullish segment. We know it is very strong because the long volume of the accelerated volume indicator, the green line (bullish volume is very strong).
Then we have a correction of the bullish segment where the short volume (red line of the accelerated volume indicator) is not very strong, in fact, the volume is declining.
Right now, the price is in the area of the average and in the area of the 61.8% fibo of the strong bullish segment. Finally, the volume lines are about to cross, with the green line (buying volume) returning to dominate.
As soon as this pattern happens we will have a long entry, and as long as the buying volume dominates the selling volume we can be inside the market.
Have a good day.
