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The Russell 2000 could keep moving up but there are concerns about how people buy stocks here. The index has a history of being overbought. This exchange's resistance zone is located at 772 & 803.
The urge to ignore a buy or sell signal, or even exit a trade because it is not currently profitable, can be very strong and often only those traders committed to following an unemotional timing strategy will stay the course.
The Bearish Piercing Ling Pattern is another trend reversal pattern. This candlestick pattern is formed when, on the setup day (or the first day), a bullish candle long forms. This signals that the bulls have been dominating the market for the day. A bearish candle will be formed on the second or signal day. This bearish candle should have an opening higher than the first day's high. aset koin cronos is because the signal day (or second day) was when sellers began selling, pushing the price action lower than the opening price.
I trade both bullish as well as bearish short verticals. For this discussion, I'll talk just about the bullish trade and leave the bearish as an exercise for the reader.
When price finds more and more sellers and they think that it's overbought/overvalued so they starting selling it up or taking profit and that causes price to back down away from resistance.
Bearish Tasuki Gap - A 3 day trading gap candle formation creates a strong continuation signal.The first two days are black candles, which create a significant gap in trading. bitcoin bullish The third day is a black candle that fails to fill the gap in trading and the day ends within it.
Market control is a constant battle between bears and bulls. A bullish engulfing trend means that bulls have total control over the market. Similar to the bullish engulfing patterns, bears now control the market.
When the price action in a stock, commodity or other asset moves above the average of 18 bars (the thick line), then the market trend has moved to the upside.
Here's my website: https://asetkoin.com/
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