Look the red circle and do not conceptualize about the name of the pattern you only need a trained eye
look only the last 2 candles (the long lower shadow + the big green candle)
Not overthink, for not overthink you need a trained eye
then look this, with only one horizontal line I try to present the idea
remember that I work with the concept that resistance becomes support
the past below 76.00 do not care
the past above 76.00 and the highs of 2007-2008 have relevance if you work with support and resistance
The strategy is responsability of the trader
I only find the opportunity in the market and put in the desk of traders
I do not use screener for pick stocks and I do not use social media to find ideas
I have my own list of stocks or watchlist and spend hours watching charts
of different company names for this reason I not publish a stock symbol twice.
look only the last 2 candles (the long lower shadow + the big green candle)
Not overthink, for not overthink you need a trained eye
then look this, with only one horizontal line I try to present the idea
remember that I work with the concept that resistance becomes support
the past below 76.00 do not care
the past above 76.00 and the highs of 2007-2008 have relevance if you work with support and resistance
The strategy is responsability of the trader
I only find the opportunity in the market and put in the desk of traders
I do not use screener for pick stocks and I do not use social media to find ideas
I have my own list of stocks or watchlist and spend hours watching charts
of different company names for this reason I not publish a stock symbol twice.