Description
⋅ Waiting for the next candle to reversal and flip back into the UTL.
Breakout confirmation candle to trigger the long entry.
Trade active
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Price rebound with buying momentum today.Comment
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Market action showing the mark-down phase. Good time to enter once the solid support is determined and the beginning of accumulation.
Strange and sudden up-trend for BLDN which lasted for approx one hour and then sudden down-trend.
Shall this be considered as "Breakout Confirmation Candle" for long entry ?