Long
Inverted hammer at the downtrend movement
Hello,
An inverted hammer has reversal implications if found after a downtrend and that is why we saw a big green candle after that. In my opinion, we may see a few more green candles if no negative news is seen.
All the technical analysis fails if there is any kind of news.
#DYOR
An inverted hammer has reversal implications if found after a downtrend and that is why we saw a big green candle after that. In my opinion, we may see a few more green candles if no negative news is seen.
All the technical analysis fails if there is any kind of news.
#DYOR
Note
I am also getting a long signal in 4-hour chart as per my indicator. See the blue arrow. #DYOR do your own research
Note
as you see in the 1-hour chart the inverted hammer worked well in spite of the high inflation rate news LUNC touched 0.00039.
Low leverage is the king.
This idea or any ideas posted by me are "Not a Financial Advice"
Do not follow me Blindly.
I am not a bot.
Do your own Research.
Always Victory!!!
This idea or any ideas posted by me are "Not a Financial Advice"
Do not follow me Blindly.
I am not a bot.
Do your own Research.
Always Victory!!!
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.
Low leverage is the king.
This idea or any ideas posted by me are "Not a Financial Advice"
Do not follow me Blindly.
I am not a bot.
Do your own Research.
Always Victory!!!
This idea or any ideas posted by me are "Not a Financial Advice"
Do not follow me Blindly.
I am not a bot.
Do your own Research.
Always Victory!!!
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.