iExecRLC Reversal Candle

13 באפר׳ 2022

This Doji here, marked purple, works as a reversal candle.

Anywhere we find a Doji it can signal indecision entering the market.

Once we have the Doji at support, followed by a bullish candle... This confirms that change is coming.

One normally looks for a multiple candles for confirmation but the break and close above EMA10 and EMA50 should be enough to support this candle.

One can easily open a position here with very low risk and high potential rewards.

This is not financial advice.

Namaste.