H4 - WARNING - DOJI SHOOTING STAR !!!
H4 : Over the last 4 hours, price action triggered a "doji shooting star" which is already the first signal of a potential trend reversal
Therefore the next H4 period will be very important to look at. Indeed, a closing price below the closing of the former doji shooting sta$
would confirm this bearish pattern, calling for further downside (watch H1 for intermediate clues)
The doji shooting star candlestick is considered one of the most reliable candlestick pattern !!!
One of the reasons for this is the unique structure - a opening a closing at the same level with a high upper candlewick !!!
In case of confirmation, be ready to fasten your seat belt.
Therefore the next H4 period will be very important to look at. Indeed, a closing price below the closing of the former doji shooting sta$
would confirm this bearish pattern, calling for further downside (watch H1 for intermediate clues)
The doji shooting star candlestick is considered one of the most reliable candlestick pattern !!!
One of the reasons for this is the unique structure - a opening a closing at the same level with a high upper candlewick !!!
In case of confirmation, be ready to fasten your seat belt.
Penafian
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