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bullish candles

  1. 2,240 Posts.
    This is one of the many many technical reasons for a bottom here."Bullish engulfing candles"(weekly) where a trading period engulfes the range of the previous period.

    look all you like on this chart you will only find them at the begining of a new trend.

    this currrent one coupled with the double bott on the daily chart (also at the bottom of a very large 5 wave decline) is a gift!

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