Bearish Indications (BIASED SHORT)
1. Rejected or retest from a resistance level
2. Formation of Bearish Diamond Pattern
3. Trend Line Broken
4. Bearish Divergence
5. Entry at Bearish Candle
Neutral Indication
1. Price still in the range/consolidation phase
Bullish Indications
1. By Breaking the resistance level and making a new HL then the trend will be bullish
In this chart I've circle a candle pattern some know as the Judas Swing. I call it the Money Swing because when you see it form profits usually follow.
When price makes this move it will drop or long according to the bias of that day.
This formation goes both ways.
When you study past price action you will notice the effect that happens after this move.
There...
GOOGL Over the last two days printed a 2 candle pattern known as the "Bearish Counter Attack". See the linked attachment for diagram. It occurs when there is an up day, followed by a gap up open that is sold off, finally closing at the same price (or very very close) as the previous up day. As seen in image, according to this research this is a rare pattern that...
Day chart has Bearish Candle Pattern - Pin Bar with Morning Star
4H Macd Shows still Bearish room
Macd crossed below Red line
Both lines falling
Wide space between lines
0 level cross pending
30m ENTRY -
Breakout below ascending trendline
Wait for red open/closed candle then...
