$JCT : 5 consecutive bearish daily candles, with a cumulative decline of 38.69% over the period; up 0.64% so far today.
Several consecutive days moving in the same direction means buyers or sellers have been in control, but the longer the streak, the more you should consider whether it has any momentum left.
A bullish candlestick is one where the closing price is higher than the opening price; a bearish candlestick is one where the closing price is lower. Consecutive bullish candles means bullish candles have formed for several days in a row.
A candle of the opposite color after a streak of bullish or bearish candles doesn't mean the trend has ended; often, it's just a one-day correction.
Before using leverage, first consider whether you can withstand the worst-case scenario, then look at what the signals are saying.
Several consecutive days moving in the same direction means buyers or sellers have been in control, but the longer the streak, the more you should consider whether it has any momentum left.
A bullish candlestick is one where the closing price is higher than the opening price; a bearish candlestick is one where the closing price is lower. Consecutive bullish candles means bullish candles have formed for several days in a row.
A candle of the opposite color after a streak of bullish or bearish candles doesn't mean the trend has ended; often, it's just a one-day correction.
Before using leverage, first consider whether you can withstand the worst-case scenario, then look at what the signals are saying.
