Chart Notes｜$JCT ｜5 consecutive bearish candles on the daily chart｜Cumulative: -81.79%
Definition: A series of candlesticks of the same color indicates that one side has maintained the upper hand during this period. The chart shows a phase with a relatively clear direction.
A note on interpretation: A candlestick in the opposite direction after a run of bullish or bearish candles does not mean the trend has reversed. In many cases, it is simply a breather.
Understanding indicators isn't difficult; the hard part is sticking to the rules when emotions are at their most extreme.
#JCT
Definition: A series of candlesticks of the same color indicates that one side has maintained the upper hand during this period. The chart shows a phase with a relatively clear direction.
A note on interpretation: A candlestick in the opposite direction after a run of bullish or bearish candles does not mean the trend has reversed. In many cases, it is simply a breather.
Understanding indicators isn't difficult; the hard part is sticking to the rules when emotions are at their most extreme.
#JCT