For now it seems the trend is ascending but after the breakout bulls stopped to buy for a while and so an inside bar pattern formed that shows us there is a consolidation in lower time frame is happening. Also it tells us still nobody won the battle between bulls and bears but we can find it out if the price close above or under the high or low of the mother candle.
I believe that bulls might win the battle and the ascending trend will continue but if you wanna enter the market the best entry would be above the mother candle and stop loss would be around the lower of it.
I believe that bulls might win the battle and the ascending trend will continue but if you wanna enter the market the best entry would be above the mother candle and stop loss would be around the lower of it.