Based on TD sequential, TD9 candle is formed when nine consecutive candles above/below the closure of four candles prior are confirmed. TD9 cabdle indicates trend reversal or 2-4 candles correction. This signal can be traded or used as profit taking opportunity.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.