Nifty on Friday ended 172 points lower to form a Doji candle on the weekly chart ... coupled with a bearish engulfing candle. This suggests a sell-on-rise approach in the market.
“Bitcoin is developing a bearish engulfing weekly candlestick formation,” pseudonymous crypto trader Rekt Capital told their 518,900 X followers in a Dec. 19 post. Bearish pattern can’t be ...
Go short following a bearish price action reversal ... such as a pin bar, a doji , an outside or even just an engulfing candle with a higher close. You can exploit these levels or zones by ...