On the 4H timeframe we can see 4 rejection wicks
which indicates exhaustion of upside movement.
The fourth candle is a Doji candle, which represents
a reversal from the upside trend.
Keep it simple, no need for a million idicators :)
which indicates exhaustion of upside movement.
The fourth candle is a Doji candle, which represents
a reversal from the upside trend.
Keep it simple, no need for a million idicators :)