Bitcoin making a Bullish Harami. Identifying Candlesticks.
Keeping it very simple today.
Big red candle to the left totally enveloping a green candle to the right = Bullish Harami.
It's ok that there is a big red candle to the left. That candle needs to be there or else the current green candle wouldn't be what it is (bullish harami). It's relative.
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Remember: Never take trades off of candlestick identification alone. Combine with other elements.
*I have been trying to get off of caffeine lately, ok. Don't get upset because this isn't a challenging lesson.*
Big red candle to the left totally enveloping a green candle to the right = Bullish Harami.
It's ok that there is a big red candle to the left. That candle needs to be there or else the current green candle wouldn't be what it is (bullish harami). It's relative.
----
Remember: Never take trades off of candlestick identification alone. Combine with other elements.
*I have been trying to get off of caffeine lately, ok. Don't get upset because this isn't a challenging lesson.*