My friends mum wants me to show her a big candle, i told her i made lots of money from a massive drop in the market... now she wants to see this big candle... Or could she possibly be talking about something else? ;p i will let you know how it goes.
Price has been in a big downtrend and if you need me to explain why then you shouldn't be trading, We can also see that price has failed to break our support zone as pictured by our green box bears have been trying to break this level for the last few weeks and failed which indicates exhaustion and the handing over of the baton to the bulls will take place shortly meaning price will move upwards.
Just keep your trading simple and your charts clean, this way you have less things to confuse you and you will see setups more clearly.
Price has been in a big downtrend and if you need me to explain why then you shouldn't be trading, We can also see that price has failed to break our support zone as pictured by our green box bears have been trying to break this level for the last few weeks and failed which indicates exhaustion and the handing over of the baton to the bulls will take place shortly meaning price will move upwards.
Just keep your trading simple and your charts clean, this way you have less things to confuse you and you will see setups more clearly.