( @#$@#@# ! I missed this one earlier ) This pattern on the 15 hour is a 'Matt Hold' a bullish continuation move of the previous trend and in this case the trend is up.
The smaller red candles indicate the bullish moment paused and the Bears tried 3 times to move price lower - The Bears are not able to move price lower and now the Bulls have stepped back in to continue the trend upwards.
The smaller red candles indicate the bullish moment paused and the Bears tried 3 times to move price lower - The Bears are not able to move price lower and now the Bulls have stepped back in to continue the trend upwards.
Comment:
This pattern was last seen here before this mess and is called a "Matt Hold "
