NAS100, H4 Breakout or Fakeout? previous Idea explained
check the previous idea first.
it is important to note that indices are always on the rise and cannot be viewed or traded same way as forex pairs.
some techniques are applicable to both but one must be very careful here as price isn't driven by similar factors.
the chart displayed shows candlestick (1 = hanging man, 1x2 = bearish engulfing ) patterns suggesting a SHORT.
if we check backwards, there are similar or more concrete candlestick pattern signifying SHORT that didn't hold eventually.
The D1 TF shows a shooting star suggesting a Short position however, it was still outside the trend.
my bias remains LONG until i see enough reasons to think otherwise
it is important to note that indices are always on the rise and cannot be viewed or traded same way as forex pairs.
some techniques are applicable to both but one must be very careful here as price isn't driven by similar factors.
the chart displayed shows candlestick (1 = hanging man, 1x2 = bearish engulfing ) patterns suggesting a SHORT.
if we check backwards, there are similar or more concrete candlestick pattern signifying SHORT that didn't hold eventually.
The D1 TF shows a shooting star suggesting a Short position however, it was still outside the trend.
my bias remains LONG until i see enough reasons to think otherwise
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Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.