We're looking to close on Double Dojis here for the last two candles. Those usually indicate evenly divided buyer/seller pressure. Almost for sure a sign of a trend change or reversal. As I have shown in the daily charts below, the trend is sideways for the last 90 days, so we could be making a dramatic move here...
The3 min chart from today posted above shows some gappy and unstable behavior I pointed out earlier. These are usually early signs of FAST MARKET when we see this in a 3 min timeframe... After the last 2 Narrow Range (NR) days with these dojis, I am expecting a dramatic move dead ahead. I recommend being balanced overnight to flat... Unless you are SURE which way this breaks...
I am not.
The3 min chart from today posted above shows some gappy and unstable behavior I pointed out earlier. These are usually early signs of FAST MARKET when we see this in a 3 min timeframe... After the last 2 Narrow Range (NR) days with these dojis, I am expecting a dramatic move dead ahead. I recommend being balanced overnight to flat... Unless you are SURE which way this breaks...
I am not.
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