The 1 Hour Retrace pattern is a candlestick formation with great potential for success and strength.
This pattern originates after a false breakout of the level in which the price is contained, for example, in a channel.
The beginning of this pattern occurs when one of the candles breaks outside the levels that contain the price and, subsequently, the next candle forcefully returns inside the pattern, closing within it. This indicates a false breakout and that the new price direction was incorrect.
The stronger the candle on the return, the higher the probability that the price will swing back to the previous levels before the false breakout.
This pattern originates after a false breakout of the level in which the price is contained, for example, in a channel.
The beginning of this pattern occurs when one of the candles breaks outside the levels that contain the price and, subsequently, the next candle forcefully returns inside the pattern, closing within it. This indicates a false breakout and that the new price direction was incorrect.
The stronger the candle on the return, the higher the probability that the price will swing back to the previous levels before the false breakout.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.