Two weak candles, then strong! (X Empire)
If current candle closed as a weak one (like Pinbar), we have 2 weak candles in the direction of the uptrend that is a sign of strong upward movement coming after it.
If not, price will continue downward.
Likewise, after two strong candles in the direction of a trend, we have to see a weak one. It is normal!
If not, price will continue downward.
Likewise, after two strong candles in the direction of a trend, we have to see a weak one. It is normal!
Related publications
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.