Claudio18

Fractals never lie, but they cannot tell the truth either.

BINANCE:MATICBNB   MATIC Network / Binance Coin
Most respected Mr Bill Williams, I think
he called his Fractals The Holy Grail.

There is no question about that.

However regardless of the present signal,
it is better to have a look at the bigger picture and
understand what is going on.

Undersold as per RSI. Money going out at a greater rate than coming in as per 20 M.A Red line, rejection as represented by a long wick. I can see no more than a wicked candle.

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.