Some call it the "Institutional Candle".
Snipers call it the "Money Candle"
This chart explains why.
This has been an incredible week of trading.
News proved to be powerful and made the DXY plummet on Thursday.
What a rally we had today which was pretty much expected when you follow Price, trend, and Time in confluence with this week's fundamentals: today's set up was a thing of beauty!
Study this week's price action and formulate ways to engage accordingly next week.
Have a Great Week End!
Trading made Simple
Snipers call it the "Money Candle"
This chart explains why.
This has been an incredible week of trading.
News proved to be powerful and made the DXY plummet on Thursday.
What a rally we had today which was pretty much expected when you follow Price, trend, and Time in confluence with this week's fundamentals: today's set up was a thing of beauty!
Study this week's price action and formulate ways to engage accordingly next week.
Have a Great Week End!
Trading made Simple
Disclaimer
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.
Disclaimer
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.