1. the WRB is a candle that indicates buying stength, this could give a signal for the beggining of an upward movement 2. the movement between HL1 and HH1 has overtaken important left pivots ( see LHs), this is considered as a possible beginning of an upward movement in this frame time. 3. The higher frame, in this case the 12 hrs frame time ( I use 3 frames...
BULL FORMATION AFTER A DEEP TO A PIVOT REBOUND MAYOR