Many people got sucked in too early. Now the dust has settled and traders moved to seemingly juicer break-out set-ups. However, I find the candlestick combination quite compelling, ie. two hammer in a row, and then an inverse hammer inside the first two.
It's always just a probability, but I wouldn't be surprised to see this "hammer a bottom" soon...
It's always just a probability, but I wouldn't be surprised to see this "hammer a bottom" soon...
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Trade failed after lows breached. Position closed