Thursday’s Bullish outside/bullish engulfing candle lacks follow through given the prices have dropped today.
A weak closing today would mark the failure of the Thursday’s bullish candle and open doors for a sell-off to 860 levels over the next week.
A weak closing today would mark the failure of the Thursday’s bullish candle and open doors for a sell-off to 860 levels over the next week.
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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.