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ema gamma moving_average movingaverage trend_analysis trendanalysis Less Tags Show All Tags
BTCUSD: Bearish Signal from Mother Candle on Daily Chart
BTCUSD
, 1D
Short
BTCUSD: BTCUSD: Bearish Signal from Mother Candle on Daily Chart

Mother Candle - A big candle that engulfs the subsequent candles. The Mother Candle formed on Dec 5th on a Daily Chart still holds good, with a Bear Counter Attack and a Fake Break Down. With the Rising Wedge to get to the Mother Candle, there is a very high probability that this could be a bearish reversal. If there is a Break Down on the Mother Candle, there...

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