Graph D1 appears a pair of Inside Bar candlesticks. Waiting for today's candle on May 26 is a confirmation candle of an increase or decrease. Looking at the past, there was a combo of Inside bar candles and a confirmation tree is morter bar, showing that the market is compressing and waiting for confirmation candles to clear the trend. If today's D candle closes below 126.75, the downtrend will continue. If the D1 candle today is higher than 127.9, the uptrend is back.
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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.