epix83

Trend is in place

epix83 Updated   
MYX:SCNWOLF   SCANWOLF CORPORATION BHD
As you can see, when a trend is in place, price goes strong in one direction,
than it corrects itself as the price starts to make higher
highs (HH) and Lower Highs (LH)
is an example of a uptrend,
now another correction swing highs and
wait for another impulsive swing low
Comment:
without strong momentum (buy)
Price failed to create HH and now pull back
Bullish candlestick perform after touching direction of trend line
and yet trend still in play
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