After finding appropriate RSI and MACD entry points, traders benefit from analyzing key candlestick formations.
Below are the candlestick reversal formations detailed in this chart.
Candlestick Formations:
Two Black Gapping : appears after a notable top in an uptrend, with a gap down and two red bars.
It predicts lower lows with an accuracy of 68%.
Three...
Top companies like Facebook amazon Tesla Google etc. experienced very strong bullish movement for the last 10+ years.
I think that this rare candle stick pattern on weekly chart is suggesting bearish movement.
Two Black Gapping which according to the Bulkowski’s book it has probability of 68% that the market will follow the signal. When You will look at the...
