On the daily chart when there is a bullish breakout, the following day the bearish candle seems to retrace immediately Potential for the candle to reach lower range channel levels Candles indicate a possible reversal MACD has crossed the signal line and histogram showing volume for a bearish market
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.