Hi everyone,
Heikin ashi candlesticks are useful for identifying trend reversal, as you see on the chart we can see a Doji candlestick on the daily chart, A candlestick with a small body and long shadows. It always signals the presence of market uncertainties but when it comes to the Heikin-Ashi, it signals a trend reversal. Therefore, we might see a small and short rally up to 1420-1450 before further declining.
Please hit the boost button if you agree and tell me what you think.
Thanks.
Heikin ashi candlesticks are useful for identifying trend reversal, as you see on the chart we can see a Doji candlestick on the daily chart, A candlestick with a small body and long shadows. It always signals the presence of market uncertainties but when it comes to the Heikin-Ashi, it signals a trend reversal. Therefore, we might see a small and short rally up to 1420-1450 before further declining.
Please hit the boost button if you agree and tell me what you think.
Thanks.
Time to go down