On the daily chart when there is a bullish breakout, the following day the bearish candle seems to retrace immediately
Potential for the candle to reach lower range channel levels
Candles indicate a possible reversal
MACD has crossed the signal line and histogram showing volume for a bearish market
Potential for the candle to reach lower range channel levels
Candles indicate a possible reversal
MACD has crossed the signal line and histogram showing volume for a bearish market