that pink tl is not mine. The program draws it. In this case is a 4h one. I'm more concerned with 0939 and 0930. Its is below that tl. That long wick candle is a hangman. When price gets below it, it's supposed to be a sell signal. The trend line is crossed, pa is below the hangman. If pa gets below 0930. That could be another sign. Its support 0939.9 0930 until its not.
If it's to break out. A long closed candle is what you want to see. One with not much wick on the bottom. The 4h hangman was a rejected bull bo candle. It was longer than the candles near it.. But it retracted before closing. A long cande below 0930 may be a b/o candle. It's still Asia session. That's something to consider
If it's to break out. A long closed candle is what you want to see. One with not much wick on the bottom. The 4h hangman was a rejected bull bo candle. It was longer than the candles near it.. But it retracted before closing. A long cande below 0930 may be a b/o candle. It's still Asia session. That's something to consider
those who can, do. those who cant, talk about those who can