Quoting investopedia:
Having a series of three consecutive doji candles is extremely rare, but when it is discovered, the severe market indecision generally leads to a sharp reversal of the given trend.
Read more: Tri-Star www.investopedia.com...terms/t/tri-star.asp
Also, 4h rsi is overbought along with bearish divergence on 4h rsi(6) and bearish divergence on 1h, 30min as well.
It is advisable to atleast sell here. A short can be opened soon now or if the next candle is red (confirmation).
Cheers!
Having a series of three consecutive doji candles is extremely rare, but when it is discovered, the severe market indecision generally leads to a sharp reversal of the given trend.
Read more: Tri-Star www.investopedia.com...terms/t/tri-star.asp
Also, 4h rsi is overbought along with bearish divergence on 4h rsi(6) and bearish divergence on 1h, 30min as well.
It is advisable to atleast sell here. A short can be opened soon now or if the next candle is red (confirmation).
Cheers!