I found this figure, i called it "The Wolf Of Wall Street" because it look like a wolf face looking down
it start by 2 or 3 bearish candles then the buyers pull up but the sellers pull down at majority until it touch the lower low point, and you can know it's the lower low point because there is 1 or 2 small candles who pull up again after the last lower low candle point, that's where i enter in the game because i know after at least 2 other bullish candle coming (for the small volumes i found the bullish, stop at the second bearish candle of the figure, but when there is good volume it will go up and sometimes even a big momentum) i use it on M30 or H4 it's work BUT i didn't backtest so it's just an idea you can try :) let me know in the comments ana
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.