$BTW ｜7 consecutive bullish daily candles｜Cumulative +71.88%
What do consecutive bullish or bearish candles mean? A series of K-lines moving in the same direction indicates that one side has consistently had the upper hand over the past few days, making this a period of relatively clear direction on the chart.
There is no fixed duration for a bullish or bearish streak. Sometimes it lasts a long time; other times it reverses after just a few days. The number of days alone cannot tell you what will happen next.
It is more prudent to look for confirmation across several indicators than to rely on just one, but even multiple signals cannot provide a definitive answer.
#BTW
What do consecutive bullish or bearish candles mean? A series of K-lines moving in the same direction indicates that one side has consistently had the upper hand over the past few days, making this a period of relatively clear direction on the chart.
There is no fixed duration for a bullish or bearish streak. Sometimes it lasts a long time; other times it reverses after just a few days. The number of days alone cannot tell you what will happen next.
It is more prudent to look for confirmation across several indicators than to rely on just one, but even multiple signals cannot provide a definitive answer.
#BTW