The top of the prior gap down could provide support, even if just temporary.
A Thrusting candle right now which can signal the continuation of a prior trend which is down right now.
If this candle body gets above the mid line of the red candle from Friday, it would be a Piercing candle which is bullish and could mean possibly some upside to come even if not a huge move.
The candle body is not quite to the midline but is close, but right this second it is a thrusting candle.
No recommendation.
Bearish Cypher pattern.
A Thrusting candle right now which can signal the continuation of a prior trend which is down right now.
If this candle body gets above the mid line of the red candle from Friday, it would be a Piercing candle which is bullish and could mean possibly some upside to come even if not a huge move.
The candle body is not quite to the midline but is close, but right this second it is a thrusting candle.
No recommendation.
Bearish Cypher pattern.
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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.