Another interesting thing to note, is that each time these reversals were printed, the was right around the zero line. So, we can see the same thing here. The is right over the zero line, and the chart is printing reversal candles, just above the 50 . So, it's pretty simple from here. Proceed with caution, and use the 50 as a barometer for strength. A break back below the 50 will confirm the reversal. From that point, we would be on watch for a breakdown of the pink . However, a break above the highest candle wick, on the breakout candle, will be very . Specifically, that level is 4433. This has been your not-so-humble market wizard, droppin' knowledge like bombs in this place! Please follow, comment, like, and share on social media. Good luck trading everyone!
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
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