this is the 2 weekly timeframe. and the higher the timeframe the make strong the information or signal.
this analysis is base on the yellow circle. strong green candle with a long wick at the top, bearish hammer inside the previous candle not exceeding the last price of the wick. i have seen this severally on lower time frame and the bearish reaction has been bad. my opinion.
i feel there should be a name for the candlestick pattern.. leave a comment below
this analysis is base on the yellow circle. strong green candle with a long wick at the top, bearish hammer inside the previous candle not exceeding the last price of the wick. i have seen this severally on lower time frame and the bearish reaction has been bad. my opinion.
i feel there should be a name for the candlestick pattern.. leave a comment below
