{quote} im all out..i closed manually at 2710 earlier since my order wasnt hiti closed all my futures too doesnt seem like GU will close over quarterly 2848 so next 6 months will be bearish
I mean, ok it’s a quarterly, but as seen every candle close tells something but the following candle can change the scenario.
They are indeed a graphic representation of what happened in that timeframe period.
so we have red daily candles, followed by green ones.
Also a quarter is 3 months.
why would market be down for 6 months?!
if a candle is unable to breake previous, maybe a pulllback then brake.
so eventually a 1 month pullback. Or some weeks.
but there can also be a new candle open straight breakout previous close, high and everything.
90% of traders use TA, indicators and prediction
...well longish term for me...
