The price was in a downtrend , making Lower Highs & Lower Lows which indicated the strength of a downtrend .
The top 4 candles with long lower wicks aditionally confirm that price is trying to go down , so i have had the feeling that price is going to break the support and touch the bottom trend line which is the point where you Take Profit.
Alert : I am offering free technical analysis training for beginners . Who ever has the fire to learn can approach me .
Good luck !
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The price was in a downtrend , making Lower Highs & Lower Lows which indicated the strength of a downtrend .
The top 4 candles with long lower wicks aditionally confirm that price is trying to go down , so i have had the feeling that price is going to break the support and touch the bottom trend line which is the point where you Take Profit.
Alert : I am offering free technical analysis training for beginners . Who ever has the fire to learn can approach me .
Good luck !