Technically speaking, full yellow candle above previous yellow ones is a bullish condition and we must start looking bullish setups.
Sometimes when something is too obvious there is some suspicions beyond ... and it's smell like a trap... Bear trap... To be a trapped bear is tough job. And if you are hunter, now is time to be patient and use that strong bear support and look for long entry. Bears must know that there is always better entry location. More details about three musketeers ...
After we see formation of the three we can see easy that is so called "dunked bull" formation and this is the way we trade it. More detailed information you can see in our user manual " Who we are " video!
All steps detailed here are some example of the process and setup you can use, as described in manuals you can find on each of our indicator publication page . There is many ways to do this and here we only show some simple way to find nice looking, low risk setup. Who we are video!
A White candle under the level of the last white candle, is bearish trend confirmation and the red background help us avoid, some badly time long trades. The Bear Impetus also show us that they are in charge. Entry target around a three musceteers conservative setup entry point. Sell signals appear right in time and we must start looking for short entry.
GBP still don't know which direction to take, but future weakness till the end of the week is on the table. Shot signal from color candles appear and red background confirms it.
Market turn to the bearish direction today. Searching low risk conservative shorting opportunity on the 3M limits.
Too late for for three musketeers short trade setup, but keep an eye for white candles under that level and yellow above it
A61! Market seems oversold and is on a breaking point. The next couple weeks should be critical for the currency future direction
Long signal detected by 3 musketeers. It's time to start searching for long setups.
Bullish color divergence forming around OCO area. Low risk daily trade setup.
We don't create regular indicators! We create tools that can be used by many different ways to take the right decisions.
We have confirmed billish divergenence when we see confirmed green candle painted by indicator. The best is when you disable color of candle sticks at all. Look for stealth entry on candle before confirmation.
Same level, different colors. When you see yellow candle on the same level as white one - this is bullish conditions. When you see white on the same level, this is bear conditions easy to be seen.
There is few simple rules you need to know in Bear market conditions, when you use Color candles and MasterShredder