HT HB formation
Possible Higher Bottom as hammer is formed at 50% fib retracement. Wait till EOD
The short term EMA's tend to bunch and flare forming a new higher high
One can go long above high of hammer or wait for it to enter the daily demand zone.
Possible Higher Bottom as hammer is formed at 50% fib retracement. Wait till EOD
The short term EMA's tend to bunch and flare forming a new higher high
One can go long above high of hammer or wait for it to enter the daily demand zone.