After whipsaw a bearish candle CLOSES BELOW a bullish maribozu.

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
After whipsaw with most candle closing within the range of previous candle, we have a close below the bullish maribozu candle, signalling weakness. If this 30 minute candle closes below the bearish confirmation candle and breaks below this trendline , I see a dump incoming. Otherwise, we'll return to whipsaw.
It was a very narrow close below the bullish maribozu. The important candle is NOW, look for a close below this bearish candle (arguably a bearish engulfing) plus a close below the consolidation trendline.
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out