In candlestick patterns, two aspects are of extreme importance:
• Prior Trend: Be it a continuation/ reversal formation, the establishment of prior trend is the first part - what exactly is the candlestick pattern going to continue or potentially reverse. Is that established?
More from Piyush Chaudhry
#repost
On the last two instances, when #Brent #CrudeOil crossed 90, NIFTY (in Blue - Left scale) underwent Correction both the times. This is the third such instance.
— Piyush Chaudhry (@piyushchaudhry) February 12, 2022
Below 90, NIFTY & Brent have had positive correlation, with 90 acting as an inflection point & causing the Divergence. pic.twitter.com/Q9dj8YFpuV
More from Bookstoread
Good Books for learning Price Action.
First two are good enough, if you want to really go in depth then go for 3rd one by Al Brooks later (Its only for serious and committed learners, as its too detailed and would tire out a casual reader). https://t.co/2Vgq5gCVXL
First two are good enough, if you want to really go in depth then go for 3rd one by Al Brooks later (Its only for serious and committed learners, as its too detailed and would tire out a casual reader). https://t.co/2Vgq5gCVXL
Book name plz
— \ufe0e (@12354368ys_g) March 4, 2022