Good day all,
I'd like to share a system with you all and even give you an indicator which will help you in your journey of no longer being bias as you trade. First, I'd like to get a feel for the community and ask questions about charts in order to create an interacrive learning environment. So here is my first question.
What group of candles caused the difference between the two formations below? I ask being as they both start off the same moving from left to right but there is a specficic candle which is engulfed and sets up for what will be the continuing move down instead of the 100% reversal.
I'd like to share a system with you all and even give you an indicator which will help you in your journey of no longer being bias as you trade. First, I'd like to get a feel for the community and ask questions about charts in order to create an interacrive learning environment. So here is my first question.
What group of candles caused the difference between the two formations below? I ask being as they both start off the same moving from left to right but there is a specficic candle which is engulfed and sets up for what will be the continuing move down instead of the 100% reversal.