ilmscore | Prediction Details
"this would be an example of the 382 candle and why would it be an example of that candle because if i pull a fibonacci retracement from the top of this candle down to the low of this candle is the entire body below the 38.2 retracement yes this is showing a selling pressure"
By The Trading Channel (The Trading Channel) | March 12, 2021 | Pending
From video
The Only Technical Analysis Video You Will Ever Need... (Full Course: Beginner To Advanced) 00:50:14 - 00:50:49
Interpreted Prediction
A 38.2% candle pattern occurring at the top of an uptrend, where the body is below the 38.2% retracement (from high to low), can indicate selling pressure and potential reversal.

Prediction Details

Topic
38.2% Candle for Reversals

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