if we fall lower than the blue area (candle close below the blue area will confirm bearish price action!!!) then the price action turns into the bearish and Yes, just because we are below this marked area! and a decent candle with high bearish volume inside of it. The bearish confirmation is a candle close below the blue area!! Break below will confirm that...
SHORT, This is a strong area plus we have some other price action criteria in this price zone which should act as Resistant levels. confirm bearish price action!!!) Rsi Regular divergence. SUMMARY:Currently, we make a low from yesterday's high/peak and probably we are ready to make another leg downside,The current downwards movent has to end around or inside the...