The price reversed at a resistance level slightly above the fibo 2.24. An indecision candle at 13:52 followed by a doji and then a comparatively larger red candle. So I confirmed a down trend was just starting.
Although there was a large green candle at the end of trade, this kind of price action can hold for at least 5 minutes. The price right now is still dropping. The large green candle was just a small fight back by the bulls.
Although there was a large green candle at the end of trade, this kind of price action can hold for at least 5 minutes. The price right now is still dropping. The large green candle was just a small fight back by the bulls.